NIFTY Options Trading by RAJ

[healthraj]

Raj sir, today cipla made a low of 604.2 after two consecutive days of fall. Yesterday the high was 639. Is it good buy now at this stage for a target of 640? CMP is 610.15

thanks

In LTF and HTF the Trend is DOWN. As per Daily charts there is a Buy.
As per the Options Data the Range is 600-630. So you should be able to Buy around 600 for Target of 630

 

[healthraj]

After Triggering a Reversal in Daily Charts, First time SELL is Triggered around 8075 Futures.

In HTF also the Trend is Still DOWN with third SELL signal in HTF. Of course in LTF there is a BUY @ 7956

The target could be 7811 Futures (Daily Support)

 

[prabhsingh]

Dont foresee this market going beyond 8080 cash SPOT.So best would be to buy naked PUTS for Oct series.8000 PE is best.
Wont be surprised if all of today's gains are given up.But 8080 should be strict stop loss.

 

[lamerider]

MARUTI - For Positional Not for Intraday

MARUTI in the Daily Charts seems to be forming a double top around 2980 Futures. Today Triggered a SELL above 2961.

LTF - Resistance @ 2968 SPOT - Still in UP Trend
HTF - Forming a W pattern, with Pivot @ 2962 and Resistance @ 2995.
Weekly - UP Trend with Resistance @ 3000

As per the Daily Chart the Targets are 2892 (Pivot) and 2800 (Support 2)

Watch to Take a SELL accordingly. Wait for Reversal in LTF and HTF

As per the Options Chain the Range is 2700-3000. So SELLing around 2980-3000 Should be Good

sir, does it still a good strategy to sell at 3000.

thanks

 

[parmit]

After Triggering a Reversal in Daily Charts, First time SELL is Triggered around 8075 Futures.

In HTF also the Trend is Still DOWN with third SELL signal in HTF. Of course in LTF there is a BUY @ 7956

The target could be 7811 Futures (Daily Support)

is 7811 today target or nearterm... and whr u see this expiry

thanks in advance

 

[healthraj]

sir, does it still a good strategy to sell at 3000.

thanks

Yes as per the HTF and Daily Charts it is a SELL. And it is the Ideal opportunity

 

[healthraj]

is 7811 today target or nearterm... and whr u see this expiry

thanks in advance

As per SEP-14 Options Data 7850 is the Support. As per the Daily Futures Chart, 7811 is the Support. Hopefully it should be met in this expiry. But I cannot predict

 

[ram2010]

As per SEP-14 Options Data 7850 is the Support. As per the Daily Futures Chart, 7811 is the Support. Hopefully it should be met in this expiry. But I cannot predict

Are you people were in the dream world?

nifty is trading at 8060 .

Are you people were astrologers or traders.:lol:

professional Traders would trade and ride the trend.:thumb:

They won't predict.

 

[prabhsingh]

Are you people were in the dream world?

nifty is trading at 8060 .

Are you people were astrologers or traders.:lol:

professional Traders would trade and ride the trend.:thumb:

They won't predict.

Agree and if any single day you get 1% upmove you wont call it as a trend.

Trends are further divided into Long,Short and Intermediate.No doubt Long term trend is up but Intermediate trend seems to be down.

 

[lemondew]

Why do you think traders here arent riding the trend. must ve planned to ride the downtrend but rode the uptrend. Who cares as long as you ride any trend.
We are just reading charts and open interest as we have nothing else to do :lol:

Are you people were in the dream world?

nifty is trading at 8060 .
Are you people were astrologers or traders.:lol:
professional Traders would trade and ride the trend.:thumb:
They won't predict.