NIFTY Options Trading by RAJ

[vssoma]

dear raj,
i am trading most of the time with tatasteel only now a days.... as of OI , last two series are worked and market(TATASTEEL) responded according to OI n MAXPain, but now in this series MAX Pain is showing 520 since 8-10 days, but stock is in downtrend , of course positional trend is bearish according to OI... but where maxpain is still 520, it means stock will come to this price before expiry or am i doing wrong cals. for maxpain.

pls take your own time but explain me this clearly....

 

[amitrandive]

try this


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

remove spaces

Jetking
Thanks for the link !!!
:clap::clap::clap:

 

[healthraj]

dear raj,
i am trading most of the time with tatasteel only now a days.... as of OI , last two series are worked and market(TATASTEEL) responded according to OI n MAXPain, but now in this series MAX Pain is showing 520 since 8-10 days, but stock is in downtrend , of course positional trend is bearish according to OI... but where maxpain is still 520, it means stock will come to this price before expiry or am i doing wrong cals. for maxpain.

pls take your own time but explain me this clearly....

MAX Pain is like a Pivot (Centre of gravity), which will work mostly near the Expiry. After a stock moves up and Down, during the expiry it normally expires near the MAX Pain, if the Bulls and Bears or more less on equal footing. Otherwise it moves from Resistance to Support and Vice versa.

In the Daily charts, triggered a BUY Yesterday and so should move up today.


From the Options Chain data you can see that BEARS have an upper hand and so they broke 520. But the Range is 520-540. So I think it will test 520 again before going up or down.

 

[healthraj]

For NIFTY As long as 8020 SPOT is not broken UP, the Down Trend will be in place. So Try and SELL around 8000-8020 SPOT.

For BANKNIFTY, The Trend Changing Level is 16030. So if the TREND is not broken SELL around 16000-16030 SPOT.

Aggressive Traders Can BUY now :thumb:. TREND Traders have to Wait and Watch

 

[lamerider]

For NIFTY As long as 8020 SPOT is not broken UP, the Down Trend will be in place. So Try and SELL around 8000-8020 SPOT.

For BANKNIFTY, The Trend Changing Level is 16030. So if the TREND is not broken SELL around 16000-16030 SPOT.

Aggressive Traders Can BUY now :thumb:. TREND Traders have to Wait and Watch

is it a good idea to sell pair 7900-8000 now? for intraday?
have no idea if nifty will remain range bound...

 

[healthraj]

is it a good idea to sell pair 7900-8000 now? for intraday?
have no idea if nifty will remain range bound...

As per options data the range is 7850 -8150 with PIVOT at 8050. So it will be better to SELL 7850-8150 Pair or 7900-8150.

Please note that the below chart is just a representation of the Options Open Interest. There is nothing great about it

 

[healthraj]

For NIFTY As long as 8020 SPOT is not broken UP, the Down Trend will be in place. So Try and SELL around 8000-8020 SPOT.

For BANKNIFTY, The Trend Changing Level is 16030. So if the TREND is not broken SELL around 16000-16030 SPOT.

Aggressive Traders Can BUY now :thumb:. TREND Traders have to Wait and Watch

NIFTY LTF and HTF charts as of now
LTF - TREND is UP in LTF

HTF - TREND is Still DOWN in HTF

Both technically triggering SELL

 

[parmit]

NIFTY LTF and HTF charts as of now
LTF - TREND is UP in LTF

HTF - TREND is Still DOWN in HTF

Both technically triggering SELL

wht should be d target to cover short...

 

[healthraj]

HOW UK- FTSE Will open ?

 

[healthraj]

wht should be d target to cover short...

I thought it was SELF explanatory. As per LTF the target for SELL is 7942. As per HTF it is 7916