NIFTY Options Trading by RAJ

[timepass]

IIP and Inflation data

Today after Market hours we had the Inflation and the IIP data. Both are not good and so we can see a GAP Down opening tomorrow.

Inflation expected 7.4% - Actual 7.9%
IIP expected 5.4% , Actual 3.4%

yeah, and last seen, the SGX nifty was trading at 7712.

 

[Relish]

yeah, and last seen, the SGX nifty was trading at 7112.

Where we can see it ? 7112 Looks very bad

 

[timepass]

Where we can see it ? 7912 Looks very bad

Looks like you you really relish editing my posts

:rofl:

 

[manojborle]

yeah, and last seen, the SGX nifty was trading at 7712.

Looks like typo, should be 7712

 

[timepass]

Looks like typo, should be 7212

Actually it is 7712.

 

[LivetoTrade]

IIP and Inflation data

Today after Market hours we had the Inflation and the IIP data. Both are not good and so we can see a GAP Down opening tomorrow.

Inflation expected 7.4% - Actual 7.9%
IIP expected 5.4% , Actual 3.4%

Moody's pegs India growth at 5% this year

http://timesofindia.indiatimes.com/...rowth-at-5-this-year/articleshow/40128287.cms

 

[shiv2012]

Mkt is also looking for Aug 15 big bang announcements....lets see

 

[healthraj]

MAX OI @ 7600-8000

MAX COI @ 7700-7800. So I think we cannot expect market to go below 7680.

As per Options Data, Bearish at 7750 and Bullish at 7700

In HTF - SELL Triggered above 7722.
R1 @ 7666. Pivot @ 7609. S1 @ 7552 S2 @ 7496.

As Per LTF Resistance @ 7740, Pivot @ 7704 and Support @ 7670.

 

[timepass]

Very few systems give a "sell above" or "buy below" figures. They generally give "sell below" or "buy above" figures. As a contra system, you seem to be catching the tops and bottoms quite well.

 

[healthraj]

Very few systems give a "sell above" or "buy below" figures. They generally give "sell below" or "buy above" figures. As a contra system, you seem to be catching the tops and bottoms quite well.

Yes "SELL Above and BUY Below" is for the RANGE BOUND systems.

"SELL Below and BUY Above" is for the TRENDing systems.

I follow the RANGE BOUND. The Reason why when it is TRENDing the Levels sometimes do not work