NIFTY Options Trading by RAJ

[Option.Trader]

The 7550 Puts and 7500 Puts are Triggered now because of 5% drop in IVX. But NIFTY did not make the HIGH that I was looking for 7650.

Anyways I will hold the Puts for Tomorrow.

There was a sudden spurt in buying at the end, ended up taking 7600 call @95 playing for fibo... Options indicated sustained selling of puts in end

 

[healthraj]

There was a sudden spurt in buying at the end, ended up taking 7600 call @95 playing for fibo... Options indicated sustained selling of puts in end

MAX COI at closing was at 7600-8000. With 8000 CE slightly higher than 7600 Puts, indicating Bearishness.

But the overall change in OI was indicating Bullishness the whole day.

In HTF NIFTY is anyway trading just 25 points from the Resistance @ 7650.

So tomorrow probably if 7650 Does not BREAKOUT, the SELLing could start at 7650. So watch 7650 and close your Call accordingly.

I think you should try and BUY Low. On Friday it was trading at 7540, Where I was asking to BUY.

Once again between 7630 and 7650, one should Try and SELL.

 

[adg123]

www.nseindia.com down today ??? unable to open whole day till now. Internet connection is OK.

 

[shreeux]

www.nseindia.com down today ??? unable to open whole day till now. Internet connection is OK.

No Way...Still fine...!!!:clap:

 

[Option.Trader]

MAX COI at closing was at 7600-8000. With 8000 CE slightly higher than 7600 Puts, indicating Bearishness.

But the overall change in OI was indicating Bullishness the whole day.

In HTF NIFTY is anyway trading just 25 points from the Resistance @ 7650.

So tomorrow probably if 7650 Does not BREAKOUT, the SELLing could start at 7650. So watch 7650 and close your Call accordingly.

I think you should try and BUY Low. On Friday it was trading at 7540, Where I was asking to BUY.

Once again between 7630 and 7650, one should Try and SELL.

Yep, agree with your call, but since I don't have your system, I prefer to trade with what is accessible to me at all times. I do refer to your opinion, but hesitant to trade as I would be totally dependent on your timely calls, not to say that you have more than generously obliged all the time. In short I think you are onto something great with your system

 

[timepass]

BNF please..

MAX COI at closing was at 7600-8000. With 8000 CE slightly higher than 7600 Puts, indicating Bearishness.

But the overall change in OI was indicating Bullishness the whole day.

In HTF NIFTY is anyway trading just 25 points from the Resistance @ 7650.

So tomorrow probably if 7650 Does not BREAKOUT, the SELLing could start at 7650. So watch 7650 and close your Call accordingly.

I think you should try and BUY Low. On Friday it was trading at 7540, Where I was asking to BUY.

Once again between 7630 and 7650, one should Try and SELL.

 

[Option.Trader]

MAX COI at closing was at 7600-8000. With 8000 CE slightly higher than 7600 Puts, indicating Bearishness.

But the overall change in OI was indicating Bullishness the whole day.

In HTF NIFTY is anyway trading just 25 points from the Resistance @ 7650.

So tomorrow probably if 7650 Does not BREAKOUT, the SELLing could start at 7650. So watch 7650 and close your Call accordingly.

I think you should try and BUY Low. On Friday it was trading at 7540, Where I was asking to BUY.

Once again between 7630 and 7650, one should Try and SELL.

There was a sudden spurt in buying at the end, ended up taking 7600 call @95 playing for fibo... Options indicated sustained selling of puts in end

This is what confuses the hell out of me... I agree with your analysis Raj, but Nifty seems to have a mind of its own... i'm lucky i was on the right side of it with my call yesterday, but alternate days of ups & downs is killing the trader.. .i played based on Fibo supports and OI ChgOI, but cant cross my heart and say, this is it.. 7600 CE @95 yesterday is trading @125 now.. it looks like a throw of dice everyday

 

[healthraj]

This is what confuses the hell out of me... I agree with your analysis Raj, but Nifty seems to have a mind of its own... i'm lucky i was on the right side of it with my call yesterday, but alternate days of ups & downs is killing the trader.. .i played based on Fibo supports and OI ChgOI, but cant cross my heart and say, this is it.. 7600 CE @95 yesterday is trading @125 now.. it looks like a throw of dice everyday

Yesterday the Resistance was at 7650 and so the SELL Was above 7650. So until then it was a LONG. But for the Puts the it got triggered because of the Decrease in IV.

It is good for your that you made a good judgement.

 

[santhosh2010]

Today Max chg in OI CE and PE both are same strike...7600

Raj ji, please explain the trading strategy when we met this like scenario...

 

[healthraj]

NIFTY Levels for Today.

The GAP Today has adjusted the Levels by 40 points.

In LTF SELL Above 7690, Where the R2 is Present.
So SELL Triggered in LTF above 7690.

In HTF however the Resistance has moved to 7694. And So the SELL is still not Triggered as per HTF. Wait and SELL Above 7694.

In HTF the other observation is that due to the GAP UP, The Major Trend and the Minor Trend has aligned.

In Daily Future Charts today the EMA 20 (7680) was Tested. Daily Minor Trend Pivot is at 7731, which might also be Tested today.

But In Summary as per the Charts it is a SELL ON HIGHs

As per the HTF, if there is a DOWN then The Targets would be 7650, 7600, 7550 and 7500. So it is a 200 points Target.