NIFTY Options Trading by RAJ

[prabhsingh]

If anybody wants to take high risk high reward then buy Hindalco for Aug series.I think it has good potential to reach 100 in Aug series with stop loss as 89.

 

[sabhlok_r]

If it is a BULL FLAG then it has to break the 5311

The FLAG is now fully formed. So we can expect a Breakout anytime.

So buy above 5295 SPOT or SELL BELOW 5275 SPOT

nf shorted @ 5365

 

[healthraj]

If it is a BULL FLAG then it has to break the 5311

The FLAG is now fully formed. So we can expect a Breakout anytime.

So buy above 5295 SPOT or SELL BELOW 5275 SPOT

Book Full profit in LONG and Go Short now.

The Market made our High told in the morning of 5363. The Exact high was 5381 and now down to 5353.

As per FIBO, since the High was 5381, for Safe traders it would be safe to Short below 5358

I bought 5300 PE @ 55.3

 

[healthraj]

Book Full profit in LONG and Go Short now.

The Market made our High told in the morning of 5363. The Exact high was 5381 and now down to 5353.

As per FIBO, since the High was 5381, for Safe traders it would be safe to Short below 5358

I bought 5300 PE @ 55.3

Those who are trading with Futures, If you have taken 20 points as the Stoploss, it might have got triggered. So as told yesterday during the days when it moves 100+ points, your stoploss should be a little higher. Anyway do as per your Risk plan.

But I am still thinking that the market will go down. Since 5363 is broken may another 35 points might be there till 5398. So those who want to Take risk can hold the Shorts till 5400 or Can average at 5400 Levels.

Experts what do you think ? Will the market go down or should we close the Shorts? OAT is still indicating a Weak BEAR

 

[healthraj]

No Response... Everybody is glued... Surprised by this move...

The OAT tool is now indicating a Pivot of 5401 with High as 5511 and Low as 5290. It has now turned out to be a STRONG BULL.

 

[sabhlok_r]

No Response... Everybody is glued... Surprised by this move...

The OAT tool is now indicating a Pivot of 5401 with High as 5511 and Low as 5290. It has now turned out to be a STRONG BULL.

Raj....since the nf daily range is high for past 4 days so I have kept a sl of 50 points for this short....still holding it

 

[Happy_Singh]

what do you think ? Will the market go down or should we close the Shorts? OAT is still indicating a Weak BEAR

How to mange the trade and where to place stop is a personal choice . . .

I personally would be out of the short, quite a while back as for intraday i use much shorter TF . . .

Not an expert of any kind . . . but if you are looking at 30/60 minutes charts the trend change will have to be above @ 5500 . . .

Cheers


Happy

 

[healthraj]

How to mange the trade and where to place stop is a personal choice . . .

I personally would be out of the short, quite a while back as for intraday i use much shorter TF . . .

Not an expert of any kind . . . but if you are looking at 30/60 minutes charts the trend change will have to be above @ 5500 . . .

Cheers


Happy

I use the Longer Timeframe for Taking Entries especially in Options. So going by my own logic, I should have waited to take the Shorts.

 

[BANI KANTHA BHATTACHARYA]

no response... Everybody is glued... Surprised by this move...

The oat tool is now indicating a pivot of 5401 with high as 5511 and low as 5290. It has now turned out to be a strong bull.

namaskar from one of ur follower. Sir, i can't follow ur thread for last two days as i was out of station.
What you think about nifty's expiry closing..?

 

[healthraj]

namaskar from one of ur follower. Sir, i can't follow ur thread for last two days as i was out of station.
What you think about nifty's expiry closing..?

BKB,

I think it would expire around 5500 going by the MAX Pain @ 5500. MAX Pain is the only tool available to predict the Expiry.

I don't what others say ?