NIFTY Options Trading by RAJ

[Profittaker]

Good one. Simple and Clean.

Thanks Sir .

 

[Profittaker]

CHGOI Details:- Time : 9.34

CE 8500 : 2,91,375
PE 8500 : -3,08,050

Dear Healthrajsir/Karthick,
Here Chgoi CE is 2 Lk and PE -3 Lk (Minus). How should take signal in this situtation. Here CE > PE . So signal is should be Sell . Is it Correct or Wrong? .

 

[healthraj]

CHGOI Details:- Time : 9.34

CE 8500 : 2,91,375
PE 8500 : -3,08,050

Dear Healthrajsir/Karthick,
Here Chgoi CE is 2 Lk and PE -3 Lk (Minus). How should take signal in this situtation. Here CE > PE . So signal is should be Sell . Is it Correct or Wrong? .

Taking the Values at 9:30 is too early given that the NIFTY had a GAP DOWN move. Better wait for it to Settle for taking fresh positions.

First of all For comparison Take the Absolute value. So PE is Greater than CE. So it should be a BUY. But the difference is not that much.

Secondly Negative Values indicate Profit booking. Since 8500PE are being booked, we can expect the market to make some more DOWN moves. So it is better to wait and SELL on Highs.

Thirdly PE/CE COI are at 8500 indicating a BREAKDOWN or BREAKOUT. In this case it seems to be a BREAKDOWN.

 

[angira]

Raj,

MAX_OI @ pair 8000-8500, which is available near 129, is it now safe to SELL this pair as positional ?

As per your chart at higher timeframe what's about trend.

angira...

 

[healthraj]

Raj,

MAX_OI @ pair 8000-8500, which is available near 129, is it now safe to SELL this pair as positional ?

As per your chart at higher timeframe what's about trend.

angira...

As per the Charts, there is no CLEAR SELL signal because Neither in Daily or Hourly the R2 is not Hit. There is an Early breakdown, which always gives Benefit of doubt for an UP move.

In the Lower Timeframe the Support is at 8400. If it breaks then it will goto 8350/8300.

 

[Profittaker]

Taking the Values at 9:30 is too early given that the NIFTY had a GAP DOWN move. Better wait for it to Settle for taking fresh positions.

First of all For comparison Take the Absolute value. So PE is Greater than CE. So it should be a BUY. But the difference is not that much.

Secondly Negative Values indicate Profit booking. Since 8500PE are being booked, we can expect the market to make some more DOWN moves. So it is better to wait and SELL on Highs.

Thirdly PE/CE COI are at 8500 indicating a BREAKDOWN or BREAKOUT. In this case it seems to be a BREAKDOWN.

Thanks a Lot Sir for your clarification.

 

[Profittaker]

 

[Profittaker]

Trade Details @ Market Closed

 

[Relish]

Use this software to copy some selected area your pic is bigger but content is less. http:// download. cnet. com/DuckCapture/3000-2192_4-10862734.html

Please remove spaces. Thank's

 

[test123]

Allrigh if it;s paper trades and u just testing all ok .......

edited