NIFTY Options Trading by RAJ

[healthraj]

Raj,

I have a quick for HDFCBank.I am bullish on this stock in the month of Sep and when i look COI for the month of Sep its right now 21K for strike of 900.Can i take some cofirmation that it will hit 900 in the month of Sep?Kindly advice.

The LTF, HTF and Daily Resistance is at 850. The Weekly Resistance is around 900.

So if there is a BO @ 850, then 900 is the Target otherwise it can go down to 820

 

[gmt900]

Max Pain for nifty at 7850 with three days to expiry.

Expect NS to go below 7900 today.

 

[lamerider]

Max Pain for nifty at 7850 with three days to expiry.

Expect NS to go below 7900 today.

Sir, how did you calculate 7850? Max OI is @8000. kindly help me understand.. thanks

 

[gmt900]

Sir, how did you calculate 7850? Max OI is @8000. kindly help me understand.. thanks

Max Pain is not calculated. I have used OptionsOracle .

 

[healthraj]

Max Pain for nifty at 7850 with three days to expiry.

Expect NS to go below 7900 today.

MAX Pain is at 7900

 

[singlap]

Raj, Any nifty levels for today ?

 

[healthraj]

Raj, Any nifty levels for today ?

As per the Hourly and LTF the Resistance is at 7980 SPOT.
As per the Daily charts the Major Resistance is at 8100 and the Channel Resistance is at 8040

In LTF the support is at 7950
In HTF the Support is at 7910

In daily charts the Support is at 7672, Pivot @ 7850.

There was no BIG move on Friday. And the market was FLAT last week. So before the expiry cannot expect any BIG move. The expiry might be between 7875 and 7925.

Anybody making positions for any BIG move and Playing with Options, Better avoid AUG-14 Series and Buy in SEP-14 Series.

For the SEP-14 Series, Looking at the Daily Charts the Range seems to be between 7670 to 8100. Channel Resistance @ 8040

In the Monthly Charts the Channel Resistance is at 8050.

So one should wait at least till 8040/50 to SELL. Till 8050, I think one should maintain Long.

All Levels above are in SPOT.

 

[timepass]

BNF please, if possible with advice on option trades for the current series.

As per the Hourly and LTF the Resistance is at 7980 SPOT.
As per the Daily charts the Major Resistance is at 8100 and the Channel Resistance is at 8040

In LTF the support is at 7950
In HTF the Support is at 7910

In daily charts the Support is at 7672, Pivot @ 7850.

There was no BIG move on Friday. And the market was FLAT last week. So before the expiry cannot expect any BIG move. The expiry might be between 7875 and 7925.

Anybody making positions for any BIG move and Playing with Options, Better avoid AUG-14 Series and Buy in SEP-14 Series.

For the SEP-14 Series, Looking at the Daily Charts the Range seems to be between 7670 to 8100. Channel Resistance @ 8040

In the Monthly Charts the Channel Resistance is at 8050.

So one should wait at least till 8040/50 to SELL. Till 8050, I think one should maintain Long.

All Levels above are in SPOT.

 

[healthraj]

For the BANKNIFTY the Resistance is around 16050

 

[healthraj]

BNF please, if possible with advice on option trades for the current series.

As per the Daily Charts the Channel Resistance is at 16050, With Pivot @ 15450 and Support @ 14880.

So till 16050 - Maintain Long.
At 16050, SELL for 15450.

In the Weekly and Monthly Charts there was SELL around 15700, Around the Election time and After which BANKNIFTY has been Trading with a 1200 point Range.

So if BANKNIFTY does not BO @ 16050 then one can play 500 points till 15500.