NIFTY Options Trading by RAJ

[anilnegi]

Now max COI is 7700-7900
Max OI- 7800-7900
Average comes to 7825
intraday 7800 seems to be target,

IS IT CORRECT???????????????????, RAJ

ANIL NEGI

 

[shrisha.karanth]

Simple System

Steps
=====
1.Find MAX OI of CE and PE of Stock/index and Current Price should be above or below the MAX OI.
2.According to that simply take position in the calls/puts

For example :
=============
Apollo Tyre
=============
3 Days back

MAX OI CE @ 220
MAX OI PE @ 200

Spot Price was around 225-228 and decided to take the paper trade Bought 210 PE @ 8.10 Now today
it is around 18.

Now my Question is that when this type of setup formation happens

1. what r the sign i should look for where it will work??
2. what r the sign i should look for where it will not work ??

Currently coal india has this setup formation.

Any help is appreciated

Thanks

 

[anilnegi]

SELLing at the MAX OI @ CE for Positional or SELLing at the MAX COI @ CE for Intraday
OR
BUYing at the MAX OI @ PE for Positional or BUYing at the MAX COI @ CE for Intraday.

 

[anilnegi]

Simple System

Steps
=====
1.Find MAX OI of CE and PE of Stock/index and Current Price should be above or below the MAX OI.
2.According to that simply take position in the calls/puts

For example :
=============
Apollo Tyre
=============
3 Days back

MAX OI CE @ 220
MAX OI PE @ 200

Spot Price was around 225-228 and decided to take the paper trade Bought 210 PE @ 8.10 Now today
it is around 18.

Now my Question is that when this type of setup formation happens

1. what r the sign i should look for where it will work??
2. what r the sign i should look for where it will not work ??

Currently coal india has this setup formation.

Any help is appreciated

Thanks

the value is 9.25 or i am looking something else

anil negi

 

[shrisha.karanth]

it was Sorry 220 PE

 

[anilnegi]

it was Sorry 220 PE

what is the value of 200 CE at that time

 

[shrisha.karanth]

what is the value of 200 CE at that time

Did not monitor 200 CE

 

[healthraj]

I think it is similar to Yesterday. Now the MAX COI changed to 15000-16200 with Pivot at 15600. So I think you can SELL at 15700.

So it is not very easy to decide with whatever system or data you have ?

I think BANKNIFTY COI today was changing a Lot.

Probably it was sending a message when the COI changed to 15000-16200 that the Low was 15600.

Now back to 15500-16200 and Telling us that 15850 is the Top. So it is not giving any clear signals.

Forgot to look at the COI numbers when it was trading at 15700, where the COI is indicating a BUY rather than a SELL. Looking at the charts it seems to be a SELL @ 15850. Let us see if it works

 

[healthraj]

NIFTY Range for Today

MAX COI @ 7700-7900. MAX OI @ 7800-8000.

Made low of 7730. So may be next target is 7800. Max possible 7850 (AVG of COI and OI). If not able to cross 7780, then will probably go back to 7750 / 7700 / 7650.

The idea is to Wait for the First session to pan out. And play only in the Second session. It is better to not get caught in the First session. Looking at this week's move, it was bearish overall and so it might end up Bearish.

Today's Spot high 7769 I think. Do not know how the Futures high is showing as 7872.7

As per OI 7750 is showing as the Strong support. Let us see if it holds.
As per COI Values, the Support is at 7650.

I think NIFTY is not able to cross 7780, But whenever NIFTY goes to 7730 Levels, 7600PE, 7550PE and 7650PE are being sold. So I think 7700 is being protected by Bulls.

As per COI, MAX combined positions of CE and PE at 7750. So I think 7700 will be Saved today. Let us see.

COI numbers indicates a SELL. So around 7800/20, One can SELL for a Target of 7730/00.

 

[healthraj]

Simple System

Steps
=====
1.Find MAX OI of CE and PE of Stock/index and Current Price should be above or below the MAX OI.
2.According to that simply take position in the calls/puts

For example :
=============
Apollo Tyre
=============
3 Days back

MAX OI CE @ 220
MAX OI PE @ 200

Spot Price was around 225-228 and decided to take the paper trade Bought 210 PE @ 8.10 Now today
it is around 18.

Now my Question is that when this type of setup formation happens

1. what r the sign i should look for where it will work??
2. what r the sign i should look for where it will not work ??

Currently coal india has this setup formation.

Any help is appreciated

Thanks

At MAX OI @ CE or PE, to get confirmation, the only other thing you can look at is the hourly or Daily Chart. See if they are trading at the Resistance or Support.

COALINDIA - MAX OI @ 340-360.

In Daily Charts the Resistance is at 360. So it would be a SELL if COALINDIA touches 360