NIFTY Options Trading by RAJ

[healthraj]

Nifty Sep 8000 Call 5 Min Chart -

Nifty Sep 8000 Put 5 Min Chart -

What is the tool that you are using to get the Options Data ?

 

[healthraj]

The New System

Please find below the Charts for my New system.

The Assumptions.

1. Market does not move in a Linear fashion and so try to fit in curve like Polynomial curves.
2. Depending on the Timeframe go for the degree of Polynomial curve fitting
3. So accordingly in a LTF since the 80 candles represents a day or Two, you should have 1 Major Trend and Max 2 Minor Trends
4. In a HTF since the 80 candles represent around 2 weeks, you can have 1/2 major Trends (one in Each week) and Max 3 minor Trends
5. In a Daily since the 80 candles represent around 4 months, you can have 1/2/3 major Trends and Max 4 minor Trends (one in Each month)
6. In a Weekly, since the 80 candles represent around 1.5 Years, you can have 1/2/3/4 major Trends and Max 5 minor Trends (one in every 16 weeks)
7. In a Monthly, since the 80 candles represent around 6 Years, you can have 1/2/3/4/5 major Trends and Max 6 minor Trends (one in every year)

As per the above Logic, the Charts Generated

LTF

HTF

Daily

 

[timepass]

The New System

Please find below the Charts for my New system.

The Assumptions.

1. Market does not move in a Linear fashion and so try to fit in curve like Polynomial curves.
2. Depending on the Timeframe go for the degree of Polynomial curve fitting
3. So accordingly in a LTF since the 80 candles represents a day or Two, you should have 1 Major Trend and Max 2 Minor Trends
4. In a HTF since the 80 candles represent around 2 weeks, you can have 1/2 major Trends (one in Each week) and Max 3 minor Trends
5. In a Daily since the 80 candles represent around 4 months, you can have 1/2/3 major Trends and Max 4 minor Trends (one in Each month)
6. In a Weekly, since the 80 candles represent around 1.5 Years, you can have 1/2/3/4 major Trends and Max 5 minor Trends (one in every 16 weeks)
7. In a Monthly, since the 80 candles represent around 6 Years, you can have 1/2/3/4/5 major Trends and Max 6 minor Trends (one in every year)

A lot to digest.... will look it over again over the weekend

 

[healthraj]

The New System

Please find below the Charts for my New system.

The Assumptions.

1. Market does not move in a Linear fashion and so try to fit in curve like Polynomial curves.
2. Depending on the Timeframe go for the degree of Polynomial curve fitting
3. So accordingly in a LTF since the 80 candles represents a day or Two, you should have 1 Major Trend and Max 2 Minor Trends
4. In a HTF since the 80 candles represent around 2 weeks, you can have 1/2 major Trends (one in Each week) and Max 3 minor Trends
5. In a Daily since the 80 candles represent around 4 months, you can have 1/2/3 major Trends and Max 4 minor Trends (one in Each month)
6. In a Weekly, since the 80 candles represent around 1.5 Years, you can have 1/2/3/4 major Trends and Max 5 minor Trends (one in every 16 weeks)
7. In a Monthly, since the 80 candles represent around 6 Years, you can have 1/2/3/4/5 major Trends and Max 6 minor Trends (one in every year)

As per the above Logic, the Charts Generated

BANKNIFTY Charts as per Above logic

LTF

HTF

Daily

 

[healthraj]

BANKNIFTY Charts as per Above logic

Daily

Compare this with the below chart with a Linear Trend

 

[TradeOptions]

What is the tool that you are using to get the Options Data ?

healthraj bro, it is esignal platform.

 

[lamerider]

Raj sir, I have been following your strategy for some time now, and have got good results. more to say this strategy has actually helped me gain lot of confidence in trading.

Following this, i have sold 7950CE and 7550PE in sept series for 138.5 :thumb:

Closed the pair for a total of 49.50.. :thumb:

This strategy i feel works pretty good even for a longer time periods like 30-45 days.

 

[copypasteaee]

Closed the pair for a total of 49.50.. :thumb:

This strategy i feel works pretty good even for a longer time periods like 30-45 days.

can you please throw some light on how you selected the call and put strike levels.

 

[lamerider]

Quote:
Originally Posted by healthraj View Post
MARUTI - For Positional Not for Intraday

MARUTI in the Daily Charts seems to be forming a double top around 2980 Futures. Today Triggered a SELL above 2961.

LTF - Resistance @ 2968 SPOT - Still in UP Trend
HTF - Forming a W pattern, with Pivot @ 2962 and Resistance @ 2995.
Weekly - UP Trend with Resistance @ 3000

As per the Daily Chart the Targets are 2892 (Pivot) and 2800 (Support 2)

Watch to Take a SELL accordingly. Wait for Reversal in LTF and HTF

As per the Options Chain the Range is 2700-3000. So SELLing around 2980-3000 Should be Good
sir, does it still a good strategy to sell at 3000.

Yes as per the HTF and Daily Charts it is a SELL. And it is the Ideal opportunity

Raj Sir,

As per strategy i am short on Maruti(Oct) @ 3040, since then it has made a high of 3140, cmp is 3075.

What should be the target here?

thanks

 

[lamerider]

can you please throw some light on how you selected the call and put strike levels.

that time the Resistance was at 7950 and Support @ 7550. So I sold the respective strikes.