NIFTY Options Trading by RAJ

[Gandhar.]

Bulls are making their third Attempt now. Keep a close watch on the 5500 CE and PE. The 5500CE is more than the 5500PE now.

ht totaloi in 54 pe is almost 70lks so it can be considered as good sup for this series healthraj plz tell that this is right and also tell how to get resis lvls as there is almost same amount of totaloi in 58,59 and 60 strikes so what to consider in this case avg of them or the first strike?

 

[healthraj]

Please also observe the VOLT chart. It is dynamically giving the Trend of the market.... Right now it is definitely not indicating any Bullish pattern. Bulls made the second attempt to get their target of 5570 from 5515. So I am not sure if they succeeded. If they make third attempt and if they do not move NIFTY beyond 5570, then You can Try Shorting.

Our target of 5570 is met. So close the Long and wait for Fresh signal

 

[healthraj]

Bulls are making their third Attempt now. Keep a close watch on the 5500 CE and PE. The 5500CE is more than the 5500PE now.

5500 Has become bullish now and market also made our Target.

Now that NF is at 5570 we have to Look at 5600. 5600 is indicating a Bearish.

I will go Long once again if Market is able to cross 5592 for Targets of 5605 and 5626. Until then I will maintain sideways or Wait for Short signal.

The VOLT chart indicates Bearish with meeting point as around 5400 Levels

 

[healthraj]

5500 Has become bullish now and market also made our Target.

Now that NF is at 5570 we have to Look at 5600. 5600 is indicating a Bearish.

I will go Long once again if Market is able to cross 5592 for Targets of 5605 and 5626. Until then I will maintain sideways or Wait for Short signal.

The VOLT chart indicates Bearish with meeting point as around 5400 Levels

From STRONG BULL, it has become a WEAK BULL, So I am Shorting at the Current Levels of 5565-5570

 

[Option.Trader]

From STRONG BULL, it has become a WEAK BULL, So I am Shorting at the Current Levels of 5565-5570

Interesting, just a visual look at Nifty future shows a big W which is usually bullish. It is even showing an uptrend. Would be interesting to see which is more reliable

 

[Option.Trader]

A reverse tick mark on volatility and still intra day is bull

 

[healthraj]

From STRONG BULL, it has become a WEAK BULL, So I am Shorting at the Current Levels of 5565-5570

From Strong Bull when it turned Weak bull Shorted at 5570 and Closed at 5540 - 30 points.

so overall made 60 points
Now Market has turned once again a STRONG BULL.

 

[healthraj]

NIFTY is indicating a Strong BULL. Those who want to Take risk can go Long once again around the levels given in the morning ie LONG above 5537 stoploss=5515 for Targets of 5549 and 5570.

 

[healthraj]

NIFTY is indicating a Strong BULL. Those who want to Take risk can go Long once again around the levels given in the morning ie LONG above 5537 stoploss=5515 for Targets of 5549 and 5570.

5500 strike has tuned Bearish once again. So 60 points is enough for the Day I think. Only Risky traders can Trade further.

 

[healthraj]

NIFTY is indicating a Strong BULL. Those who want to Take risk can go Long once again around the levels given in the morning ie LONG above 5537 stoploss=5515 for Targets of 5549 and 5570.

5549 met. Going towards 5570 once again. Now at 5561. Put the Stoploss as 5549