NIFTY Options Trading by RAJ

[healthraj]

Hi Raj,

Can you please post NIFTY FUT chart for May series. I wanted to know at what levels this hemorrhaging have a chance to stop
Thanks in advance

I am outside and so I will not be able to post the chart. But I looked at the Daily Futures Chart yesterday. And here is my view

Daily Charts is in the DOWN TREND
In the Weekly Charts the Major support is broken, and so the UP TREND IS also broken and so a New DOWN TREND is being formed.

As per the Daily charts the Support was at 8125.
Major support in Weekly was at 8475, which might act as the Resistance.
In monthly chart also there is a Reversal.

One can take a view based on Today's MAX OI in May-15 Series.

 

[kcsusha]

Dear Raj Sir,
From 8000 in Dec 2014, Nifty touched 9029 by Jan 2015 end. During this period,
CEs gained the most. Similarly, from 9000 in Jan'15 end, Nifty has touched 8200 by April
2015 end. During this period, PEs have gained the most. So my observation is that
whenever the market peaks, we should go for Credit-spreads and whenever market
bottoms out, we should go for Debit-spreads. Now since the Market has almost come near bottom, we can wait for the market to consolidate in 8000-8200 range for
sometime and go for Debit spreads. Members are welcome to express their ideas.
American markets have not gone down so badly during the above period.

 

[mohan.sic]

Of course the moneymantrastock folks have copied from this thread. I started this thread in Jul-13. Roughly 2 years before. The video that you are seeing is may be one year old. I cannot believe how moneymantrastock have copied my entire thread and made a video and explaining the stuff as if it is his own stuff. I found it really ridiculous that he is also certifying people with this kind of content. The truth is when I had put those rules, I myself was not fully aware of it or tested it.

Anyways may be I don't know to make money out of my ideas and somebody else is making it... :thumb: Now I can confidently say that I don't believe in those certifications. Somebody it seems wrote a book also on these concepts. :clap:

Raj,

I am sure in this 2 yrs many ideas/views/ and rules might have changed.
Why dont you repost the entire rule book once again now.

www.moneymantrastock.com also can be updated once again.:rofl:

 

[nepolian]

Look at 8400 & 8500 Calls... They are screaming for BUY... :thumb:

 

[angira]

Raj,

today morning MAX_OI @ 8100-8600 which was trading near 136, now MAX_OI shifted to 8000-8500 pair which is trading near 141.

can be 8000-8500 now sell or not ?

angira...

 

[soumanag]

Yesterday PUT side OI & COI were both @ 8100 so it tested & broke 8100 now they are at 8000 so possibility of 8000 spot!!!!

 

[soumanag]

Yesterday PUT side OI & COI were both @ 8100 so it tested & broke 8100 now they are at 8000 so possibility of 8000 spot!!!!

Made 8000 just now.

 

[rajesh_]

7800 next for sure. OI will change v soon

 

[soumanag]

NIFTY option chain gave bullish signal just before market closing.
8000 remains a strong support and PUT OI @ 8000 exceeded CALL OI @ 8500 very slightly.
7800 PUT addition and 8200 Call reduction suggests flat to slightly bullish market.
Difficult for bears to breach 8000 unless we see -ve PUT COI @ 8000.

 

[rajesh_]

Supports broken... Though slightly recovered. Tomorrow sell off will take nifty to 7950. OI changed from 8200 to 8100 and now 8000. OI changing very frequently. No hopes for recovery.