NIFTY Options Trading by RAJ

[lamerider]

Raj sir,
any calculation on this months MAX PAIN yet?

 

[Option.Trader]

Note : Please note that my levels are based on the Polynomial Regressions, Which I Am still trying.

For LTF I am using Power of 2
for HTF and Daily I am using Power of 4
For Weekly and Monthly I am using of Power of 6.

So based on the above, Support has moved further down

In LTF the Support will come around 7865 - SELL Triggered again 7887
In HTF the Support will come around 7865 - SELL triggered at 7910

Looking to enter put if nifty moves towards 7910, today's option chain indicates unwinding of puts, looks like smart money is coming out of long positions

 

[healthraj]

Raj sir,
any calculation on this months MAX PAIN yet?

Hope you are asking about the Expiry for this month.

There are six more Trading Sessions in this Expiry.

Right now the MAX Pain is at 7800 = Daily Futures Pivot

If the market is FLAT for the Rest six days and not making any BIG movement then NIFTY might expire around 7800.

If there is a BIG SELL off on Friday or Monday then NIFTY might Expire around the Daily Futures Support which is at 7600.

So coming Friday or Next Monday we will get the First Signals.

 

[stock72]

u mean there is no sell off tom ?

Hope you are asking about the Expiry for this month.

There are six more Trading Sessions in this Expiry.

Right now the MAX Pain is at 7800 = Daily Futures Pivot

If the market is FLAT for the Rest six days and not making any BIG movement then NIFTY might expire around 7800.

If there is a BIG SELL off on Friday or Monday then NIFTY might Expire around the Daily Futures Support which is at 7600.

So coming Friday or Next Monday we will get the First Signals.

 

[healthraj]

Nifty could sell off tomrrow or friday. I am talking about a major sell off. SELL still not triggered in daily chart

 

[abb24]

Dear Raj Sir,
keep us enlightened, everyday with yr post/analysis,coz I m a novice in tech. analysis and know nothing abt it. I just trade whatever I understand from yr post.

Regards,
abb

 

[healthraj]

NIFTY charts

Hourly charts

Daily charts

 

[prabhsingh]

If SPOT Nifty breaks 7870 then next target is 7837.

 

[copypasteaee]

If SPOT Nifty breaks 7870 then next target is 7837.

:thumb::thumb: :clap::clap::clapping::clapping:

 

[anilnegi]

raj

from which software you plot this type of chart it just looked like chart mentioned in Lance beggs YTC book.

anil