NIFTY Options Trading by RAJ

How do you use OAT tool?

  • For Intraday Naked Options trading

    Votes: 58 37.7%
  • For Intraday Pair trading of Options

    Votes: 27 17.5%
  • For Intraday Futures trading

    Votes: 18 11.7%
  • For Positional Naked Options trading

    Votes: 35 22.7%
  • For Positional Pair trading of options

    Votes: 29 18.8%
  • For Positional Futures trading

    Votes: 11 7.1%
  • To trade in Cash market

    Votes: 13 8.4%
  • Overall trading has improved with OAT

    Votes: 27 17.5%
  • Understanding of Options has improved with OAT

    Votes: 57 37.0%

  • Total voters
    154
  • Poll closed .

healthraj

Well-Known Member
As per COI, for today the Range seems to be 7800-7900. Since today the Top was around 7925, we can expect the Range to be 7825-7925.

As per HTF, The Minor Trend Support and Major Pivot is at 7820.
In the HTF there is a SELL above 7900 and if the Pivot at 7820 Holds, then the UP Trend can continue. Otherwise NIFTY will Test 7715 / 7740.

But since Diwali is a Sentimental for some to Buy, this week might a Bullish I think. So ideally one must try to Buy around the Lows for a Target of 8050.
With the COI changing to 7800-8300, NIFTY has gone FLAT.
So today Diwali sentiment was working rather than Technicals. Tomorrow normally will be continuation of today's Trend.

In the Daily Futures Chart the Minor Resistance is at 7970, which if Broken can lead to 8070 (Major Pivot). Otherwise it can Test the support once again at 7760 Futures.

Tomorrow there will be less volume and so it is normally advised not to Trade in Index.

There is also a Triangle BO/BD formation in NIFTY. BO @ 7930 and BD @ 7870.
 

healthraj

Well-Known Member

vssoma

Well-Known Member

SexyTrader

Well-Known Member
On Diwali I wish Raj a world full of profits and happiness for all the wonderful tools he has developed in the course of time! :thumb:

Raj's contribution to TRADING is spectacular :) All the Max COI and OI and pivots makes him an EXPERT in my eyes, rest all can follow or perish! :thumb:

Happy Diwali :clap: :thumb:
 

healthraj

Well-Known Member
On Diwali I wish Raj a world full of profits and happiness for all the wonderful tools he has developed in the course of time! :thumb:

Raj's contribution to TRADING is spectacular :) All the Max COI and OI and pivots makes him an EXPERT in my eyes, rest all can follow or perish! :thumb:

Happy Diwali :clap: :thumb:
Thank you for the wishes. Wishing you and all the TJ members a Wonderful Diwali.
 

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