NIFTY Options Trading by RAJ

[healthraj]

NIFTY - Both in LTF and HTF the Resistance is around 8070/80. If market opens around these levels, it is an opportunity to SELL between 8072-8082

BANKNIFTY SELL between 16269 to 16299 - One can also see BANKNIFTY Reversing to DOWN

BANKNIFTY is Trending down. In the HTF the Resistance has moved to 16200-230.

BANKNIFTY LTF chart

 

[healthraj]

The TREND is DOWN in all the Timeframes now. Only in Daily it was FLAT or UP till Last Friday. In Daily also the TREND is DOWN now.

As per the Daily Charts, the support is at 7893-7929. So the Support will be first Tested.

7955 Futures is also the Pivot in Weekly Future Charts. If it breaks then the next stop is Weekly Support which is at 7620.

If 7620 Breaks then the Support will come from Monthly Charts, which is at 7405.

For the time being Keep taking SELLs on Highs. If there is a Reversal will update.

Will post the Charts by EOD.

NIFTY HTF chart

 

[healthraj]

The TREND is DOWN in all the Timeframes now. Only in Daily it was FLAT or UP till Last Friday. In Daily also the TREND is DOWN now.

As per the Daily Charts, the support is at 7893-7929. So the Support will be first Tested.

7955 Futures is also the Pivot in Weekly Future Charts. If it breaks then the next stop is Weekly Support which is at 7620.

If 7620 Breaks then the Support will come from Monthly Charts, which is at 7405.

For the time being Keep taking SELLs on Highs. If there is a Reversal will update.

Will post the Charts by EOD.

NIFTY Daily Futures Chart. You can see that even though there is Reversal there is no SELL yet. The SELL signal is only in the HTF and LTF. So the institutions sold silently. In other words we should call it a Healthy correction

 

[LivetoTrade]

@healthraj, the red crescents? Full Moon?

 

[healthraj]

INFY and SBIN HTF

INFY as per the HTF and LTF is a Buy. Daily shows the support at 3611.

As per Weekly and Monthly Charts, the target is 4000.

Today USDINR did not move with INFY. If USDINR and INFY move together then we can expect more correction.

In these circumstances one can also do pair trading with SBIN. Since SBIN and INFY move in opposite direction.

Better trade in OCT-14 Contracts whether it is Futures or Options.

INFY

SBIN

 

[healthraj]

@healthraj, the red crescents? Full Moon?

I use that to denote Reversals

 

[amitrandive]

Raj Sir

Can you please provide a link to your Nifty Options pain excel sheet?

 

[manojborle]

Raj Sir

Can you please provide a link to your Nifty Options pain excel sheet?

Amit just google it you will get the link

 

[amitrandive]

Amit just google it you will get the link

Manoj

That is the first thing I tried , when I could not get it anywhere , I posted on this thread.

 

[jetking]

Manoj

That is the first thing I tried , when I could not get it anywhere , I posted on this thread.

try this


http://w w w. 4shared. com/folder/xvaJBHXh/002/Raj_systems.html?detailView=true&sortAsc=true&sortsMode=NAME

remove spaces