NIFTY Options Trading by RAJ

[Profittaker]

Pair Sell:-

Trade 1: SOLD CE 8700 & PE 8200 @ 111 . [Spot : 8411]

Edited @ 10:22 :
Now CE 8700 @ PE 8300 price also in trade range.
Trade 2: SOLD CE 8700 & PE 8300 @ 133.80

Edited @ 02:51 :
Booked CE 8700 & PE 8200 @ 100.8
Booked CE 8700 & PE 8300 @ 121.95

Total Profit for 4 Lots (Rs.1020 + Rs.1185) = Rs.2205.

 

[healthraj]

Hi Raj,

Can you kindly post NIFTY chart for JUL with parabolic sup-resistance.

Thanks in advance boss

Hi Soumanag,

I will post the Chart today evening since I am out today.
But as per the Hourly Chart 8512 SPOT is the R2 Resistance. R1 @ 8450
Daily Also more or less in the Same Range of Resistance.
MAX OI CE @ 8500.

Monthly R1 @ 8530.

Now the only Culprit is Weekly chart.

Today as per the Options Data the Trend is UP with Resistance at 8450.
So one should watch 8450-8530 Levels. Until then maintain LONG.

 

[prabhaag]

looks bulls are back as 8000 puts oi change and oi is max till now

 

[mvkarthik]

pair sell
CE8700,PE8200

sell at- 113.70
exit at- 100.25
profit-672.50

nifty FUT buy at-8403
exit at 8470
profit-67

 

[soumanag]

Sold the same pair. Positional trade @ 122. Lets see how it pans out... hope to consume a lot of theta :lol:

Carried the same position. Pair value 112 at closing.

As posted by Raj there are resistance levels above 8500 so will be looking to do trade adjustments above this level since 8450 have already been taken out.

 

[healthraj]

Hi Soumanag,

I will post the Chart today evening since I am out today.
But as per the Hourly Chart 8512 SPOT is the R2 Resistance. R1 @ 8450
Daily Also more or less in the Same Range of Resistance.
MAX OI CE @ 8500.

Monthly R1 @ 8530.

Now the only Culprit is Weekly chart.

Today as per the Options Data the Trend is UP with Resistance at 8450.
So one should watch 8450-8530 Levels. Until then maintain LONG.

Charts As Promised

Hourly SPOT

Daily Futures. In Daily Triggered a SELL. But I think the Gap below near the Support will be filled. The Chart is not perfect since the Support line is not crossing the candle

Monthly Futures

 

[healthraj]

Hi Soumanag,

I will post the Chart today evening since I am out today.
But as per the Hourly Chart 8512 SPOT is the R2 Resistance. R1 @ 8450
Daily Also more or less in the Same Range of Resistance.
MAX OI CE @ 8500.

Monthly R1 @ 8530.

Now the only Culprit is Weekly chart.

Today as per the Options Data the Trend is UP with Resistance at 8450.
So one should watch 8450-8530 Levels. Until then maintain LONG.

Weekly Futures Chart

 

[healthraj]

BANKNIFTY Charts

Hourly SPOT

Daily Futures

 

[anilnegi]

Weekly Futures Chart

Raj bhai as per weekly chart nifty is around support level showin some reverse sign, however, in daily chiart it is around sell side so we should trade according to higher chart, is it????

thanks

 

[healthraj]

Raj bhai as per weekly chart nifty is around support level showin some reverse sign, however, in daily chiart it is around sell side so we should trade according to higher chart, is it????

thanks

That Way the highest order is Monthly Charts where the R1 is at 8530.
So in my view just Note those levels since it would act as Major Support or Resistance levels.

For Trading Purpose use Hourly/Daily Charts for Positional Trading and use a Lower time frame Less than Hourly for Intraday Trading.