NIFTY Options Trading by RAJ

[healthraj]

BANKNIFTY LTF and Hourly

LTF

HTF

 

[soumanag]

Results for SBI, a NIFTY heavyweight. SBI result may determine market direction today on short run. ITC another heavyweight is also scheduled to come out with result.

 

[healthraj]

Results for SBI, a NIFTY heavyweight. SBI result may determine market direction today on short run. ITC another heavyweight is also scheduled to come out with result.

What time is the SBI result

 

[TraderRavi]

What time is the SBI result

between 12:30 - 2:30 pm

 

[thundercloud0077]

Freak trade in BNF
Low 18020

 

[soumanag]

What time is the SBI result

Supposed to come out during market hours. Do not know the exact time but probably early 2nd half.

 

[healthraj]

BANKNIFTY Today

MAX OI and COI @ 18000-19000. Same as Yesterday.
TREND in Charts is UP. OI Trend is UP. COI Trend is DOWN. May be 18400 will be Tested again. Since BNF made a low 18020, may be can rule this out.

As per LTF, the Resistance is at 18650 SPOT.
So first level to be watched is 18650. If 18650 does not BO Today then we can expect 18400. With SBIN Result today we can expect some Fireworks...

 

[healthraj]

NIFTY Today


MAX OI @ 8300-8500 - Same as Yesterday
MAX COI @ 8400-8500 - Tight Range and so it should be Trending

1. Based on COI it is not FLAT but TREND
2. Next is the Direction : COI and OI right now is pointing down.
3. Entry points : In LTF it is trading near the Resistance of 8435 SPOT. If does not BO, then it will Test 8375 once again. Since the MAX COI is at 8400-8500, 8375 will be a good point to Enter Long.
4. So definitely no good for PAIR Trading today.
5. Since 8500 is the Upper Range, as per Hourly and Daily charts 8540/50 is the Level to Watch to take Shorts. But do not be in a Hurry to SELL above 8500. We will have enough time...

Note : The COI Volume is not that great, So it is better to wait to get the right Direction. Or may be the positions are taken Yesterday itself. So today it is better to Play the BO on the UP Side or Wait and BUY Around 8375. At 8375, Take confirmation from COI

 

[healthraj]

SBIN Today

MAX COI @ OI at 280-300. Since it is Result day we cannot assume to be FLAT.

The TREND as per OI and COI is DOWN.

The Resistance in LTF , HTF and Daily pointing to around 300-305.

So the Range for today is 280-300.

The Average PE Volt is around 73.7%. SBIN HVOLT is around 42%. So it is also not the Right time to BUY Naked Put Options. May be after the Result the VOLT will Drop and one can BUY around that time...

 

[healthraj]

NIFTY Today


MAX OI @ 8300-8500 - Same as Yesterday
MAX COI @ 8400-8500 - Tight Range and so it should be Trending

1. Based on COI it is not FLAT but TREND
2. Next is the Direction : COI and OI right now is pointing down.
3. Entry points : In LTF it is trading near the Resistance of 8435 SPOT. If does not BO, then it will Test 8375 once again. Since the MAX COI is at 8400-8500, 8375 will be a good point to Enter Long.
4. So definitely no good for PAIR Trading today.
5. Since 8500 is the Upper Range, as per Hourly and Daily charts 8540/50 is the Level to Watch to take Shorts. But do not be in a Hurry to SELL above 8500. We will have enough time...

Note : The COI Volume is not that great, So it is better to wait to get the right Direction. Or may be the positions are taken Yesterday itself. So today it is better to Play the BO on the UP Side or Wait and BUY Around 8375. At 8375, Take confirmation from COI

The COI Volume is picking UP. The TREND is turning to be on the UP side.

Overall COI PE Side, 12L, CE side - 5.5L. Now the Problem is to Find an Entry...