NIFTY Options Trading by RAJ

[prabhsingh]

Bearish on DLF with target of 180.Confirmation will come if it falls below 190.Go Short.

Closed Position in DLF.

 

[healthraj]

BANKNIFTY, I think is heading for 15600 as per the Options Chain.

In LTF , Triggered SELL above 15750.
In HTF also the Resistance is at 15750.

If we have to go by the Hourly charts, This might be the last chance to SELL at Highs, unless if it breaks above 15750

 

[healthraj]

No Clear winner today. Tested Low 7881 SPOT but did not go DOWN. So SELL is still not confirmed. MAX OI @ 7700-8000 Suggest that 8000 will be the ultimate Resistance with OI @ 89L with 16L added today.

MAX COI Values @ 7900-8000 Suggests that there is some more UP side left.

But the Volumes in 7900-8000 suggested that every rise is being used to SELL.

NIFTY Having Reached so far, it would be ideal for it to TEST the NIFTY Futures Major Pivot which is now at 7945(+30).

Weekly Futures Channel Pivot @ 7973. Weekly Major Resistance @ 8088. Weekly Channel Resistance @ 8261

After this BIG Rally started, there has been SELL signal in Daily Futures Chart and Weekly Futures Chart. But there is no SELL so far in the Monthly Futures Chart. So as per the Monthly Futures Chart the R2 is at 7970 and Channel Resistance is at 7968.

So 7970 will be the LEVEL to Watch

So all these shows that 8000 is not so Far.

So Build your capital to SELL around 7970/8000 in the SEP-14 Series

So how many of you think, that NIFTY has made the TOP?
7970 was the Level to be watched and NIFTY did not go beyond that Level and I bought 7700 Put @ 35 on Monday. Now trading at 30.

BANKNIFTY also seems to have topped out.

The Defensive stocks like INFY is preparing to make HIGHs. INFY will all set to make 4000, which is also sign of Bearishness for the market.

But the NIFTY SEP-14 Options chain is speculating a Range of 7900-8200.
Let us see how SEP-14 plays out

 

[timepass]

So how many of you think, that NIFTY has made the TOP?
7970 was the Level to be watched and NIFTY did not go beyond that Level and I bought 7700 Put @ 35 on Monday. Now trading at 30.

BANKNIFTY also seems to have topped out.

The Defensive stocks like INFY is preparing to make HIGHs. INFY will all set to make 4000, which is also sign of Bearishness.

But the NIFTY SEP-14 Options chain is speculating a Range of 7900-8200.
Let us see how SEP-14 plays out

Maybe in Sep series. Depends on SC decision on 1st Sep about coal block allocation. I think that Nifty will make another attempt at the top tomorrow.

BNF is iffy, but I think there will be decent upside. 15800PE is trading almost at par (Rs. 89), hardly any premium to the spot (15717). So maybe the buyers of this scrip are not very enthusiastic.

 

[healthraj]

Maybe in Sep series. Depends on SC decision on 1st Sep about coal block allocation. I think that Nifty will make another attempt at the top tomorrow.

BNF is iffy, but I think there will be decent upside. 15800PE is trading almost at par (Rs. 89), hardly any premium to the spot (15717). So maybe the buyers of this scrip are not very enthusiastic.

BNF Options are cheap because the Historic Volatility of BNF is down to 22%. One month back it was at 40% I think. So those who want to BUY the options, I think it is the ideal time.

 

[timepass]

BNF Options are cheap because the Historic Volatility of BNF is down to 22%. One month back it was at 40% I think. So those who want to BUY the options, I think it is the ideal time.

I mentioned 15800PE relative to 15700CE which is trading at a heavy premium (Rs. 68), both ITM, but the CE seems to have heavier demand, or maybe will face more erosion tomorrow

 

[healthraj]

HEROMOTOCO hit 2615 today and Triggered a SELL. As per the SEP-15 Options Chain, if 2550 breaks then it can goto 2400/2300.

All the charts are indicating a SELL.

One of the Actively Traded stock today.

Only for positional trading

 

[healthraj]

Another actively traded which might give 100 points in this month on the downside is BPCL.

First Target is 660. If 660 breaks then 600

 

[healthraj]

TATAMOTORS - Positional

Trading near the Resistance in all the Charts. As per the Options Chain 530 Seems to be the Resistance. From 530 the first target will be 515. If 515 breaks then 505, 490.

 

[healthraj]

HEROMOTOCO hit 2615 today and Triggered a SELL. As per the SEP-15 Options Chain, if 2550 breaks then it can goto 2400/2300.

All the charts are indicating a SELL.

One of the Actively Traded stock today.

Only for positional trading

Another actively traded which might give 100 points in this month on the downside is BPCL.

First Target is 660. If 660 breaks then 600

TATAMOTORS - Positional

Trading near the Resistance in all the Charts. As per the Options Chain 530 Seems to be the Resistance. From 530 the first target will be 515. If 515 breaks then 505, 490.

I think being the last day of the Expiry, will be good to take positional Calls for this month.

This is the first time, I am getting into the positional trades after 5 months mostly trading NIFTY.

So I am just buying 1 lot in each of the above.

TATAMOTORS 520 PE @ 12.5
BPCL 680 PE @ 25
HEROMOTOCO 2550 PE @ 38

Note : As our Facebook founder says, the most riskiest thing in this world is not taking any risk. So let me take some risk and see what Facebook founder says is true.