NIFTY Options Trading by RAJ

[prabhsingh]

Will advise going Long in Hindalco.

SL Hit and out.It seems it can now go towards 135 levels.

 

[healthraj]

Diwali Shopping

Those who want to do Diwali shopping Can Try SBIN, ICICIBANK, BANKNIFTY, Since they are trading near the Daily Support.

 

[healthraj]

COALINDIA

In LTF Reversed to UP Around 334 and Generated A BUY.

In the LTF, HTF and Daily Charts the Support is around 338, around / above which one can BUY.

Target as per HTF - 344, 351. Daily 357, 376

HTF Targets met. Daily First Target also met today. Should have booked at least 50%. Hold the Rest with 351 as the Stoploss.

 

[healthraj]

NIFTY

In LTF - Reversed DOWN and Triggered a SELL signal above 8110 - Target 8070 (Support)

In HTF - Reversed UP - But Triggered a Technical SELL above 8081 - Target 8031 (Pivot) , 7980(Support).

Daily - SELL Signal, TREND Down.
LTF - SELL Signal - REVERSED DOWN.
HTF - SELL Signal - TREND UP.

So I think you can SELL

So as posted on 18-SEP, Since the Trend in HTF and Daily was down, it made low of 7950 - 160 points from 8110.

Now NIFTY is Trading below the Support in LTF, HTF and Daily and from 7950 it can easily give 200 points till 8150. And if 8150 breaks UP then the target as per the Daily Resistance would be 8350. So totally 400 points from 7950.

So those who want to Take risk can buy 8250 CE @ 36.

 

[anilnegi]

7950-8150 today, is it possible

 

[healthraj]

7950-8150 today, is it possible

In the Daily Charts the Support the Buying Range is 7930-7970. HTF Buy Zone is 7920-7945.

Today 8150 I think should be difficult. MAX Pain is at 8000. So May be 8050 and then closing at 8000 should be possible.

 

[lemondew]

Lets see
I have buy1 8100 PE, sell 8000 PE 2 lots, buy 8050 PE 1 lot. Not sure when 8100 PE will meet 8000 PE value i.e 8100 PE - 8000 PE = 100. Exit when 8100PE- 8000 PE = 100. 8000 PE still has some premium to loose.

 

[healthraj]

MAX OI in OCT-14 Series changed from 7800-8200 to 7900-8200, Which is a Bullish Signal. 7900 as MAX OI PE leaves the Option of at least 7870 being Tested. So let us see...

 

[healthraj]

NIFTY and BANKNIFTY

Every BUY Signal is getting disappeared and Support Levels are moving down.

NIFTY :
LTF : Support @ 7969. HTF : Support @ 7913. Daily Support @ 7917. So I think one should wait for Lower Levels to Buy.

The TRENDS in LTF and HTF is DOWN. In Daily Major Trend is UP. Minor Trend is DOWN

BANKNIFTY :
LTF : TRENDING DOWN. Right now touched the bottom at 15542. May be it go FLAT or TREND DOWN further from here.

HTF : Also Trading below support 2

Daily : The support is at 15420. So may be at 15420 One can Buy. Otherwise Stay short...

BANKNIFTY Made low 15429

 

[healthraj]

NIFTY and BANKNIFTY

Every BUY Signal is getting disappeared and Support Levels are moving down.

NIFTY :
LTF : Support @ 7969. HTF : Support @ 7913. Daily Support @ 7917. So I think one should wait for Lower Levels to Buy.

The TRENDS in LTF and HTF is DOWN. In Daily Major Trend is UP. Minor Trend is DOWN

BANKNIFTY :
LTF : TRENDING DOWN. Right now touched the bottom at 15542. May be it go FLAT or TREND DOWN further from here.

HTF : Also Trading below support 2

Daily : The support is at 15420. So may be at 15420 One can Buy. Otherwise Stay short...

OCT-14 Trade 2

I am selling the Pair 7950-8300 for a Combined Premium of 120.

SELLing once again since NIFTY is trading near the Support in LTF, HTF and Daily charts. My Target is 25 to 30 points.

My Bias is UP.

Added 8250 CE @ 32.5