NIFTY Options Trading by RAJ

[anup]

that was me I'm glad you took the trade! 6100 Ce made an open high and gave a nice 20 points profit!

Dear Raj and Sujal : One question


We have to do the back testing of the data and then only include in your tool..Also at what time you will generate this Open=High and give call?..
I think atleast we should wait till 10 Am..

Suggestion welcome!!

 

[bksujal]

Dear Raj and Sujal : One question


We have to do the back testing of the data and then only include in your tool..Also at what time you will generate this Open=High and give call?..
I think atleast we should wait till 10 Am..

Suggestion welcome!!

yea Ideally we would wait for half an hour as suggested by Raj to take trades. The stop loss being the open high/low of the day which would be very small for a good intraday trade

 

[anup]

I am not able to use the tool (bcoz of firewall), can anyone suggest what is the tools Call. Buy or Sell nifty @ ??

 

[healthraj]

First Target of 5784 met. Tomorrow we might see 5720 and we might see a Pull back. I am saying pull back is possible at 5700 because the MAX OI still 5700-6000. Let us see tomorrow if the 5700 changes to a Lower value in which case more downside might be possible. Otherwise 5700 might be the Low

Since NF made a high of 5810, Instead of 5720 have the target as 5750. If 5750 breaks you can extend the SELL to another 60 points

 

[anup0212]

hey Raj , Spot 5700 is holding ...any chnage in CIO for long signal ?

 

[healthraj]

As per the OHL method, NIFTY generated the following Calls

Buy 5600PE@ 92.5 and Sell [email protected] - If you get it around the open price then you can trade

For Stocks the calls
SELL SBIN 1750 CE @ 38.15
SELL SBIN 1600 PE @ 99

MCDOWELL-N's Calls are far from catching

 

[healthraj]

Since NF made a high of 5810, Instead of 5720 have the target as 5750. If 5750 breaks you can extend the SELL to another 60 points

NIFTY Made low of 5754 and bounced back to 5792

 

[healthraj]

As per the OHL method, NIFTY generated to Calls

Buy 5600PE@ 92.5 and Sell [email protected] - If you get it around the open price then you can trade

For Stocks the calls
SELL SBIN 1750 CE @ 38.15
SELL SBIN 1600 PE @ 99

MCDOWELL-N's Calls are far from catching

Bought 5600PE @ 93.33 and Sold 6100CE @ 48.75

 

[anup]

Raj, Is the nifty signalling sell??..I have sold futures at 5804

 

[healthraj]

Raj, Is the nifty signalling sell??..I have sold futures at 5804

Yes the MAJOR Trend is still down. But since the MAX OI is at 5700-6000, You can expect some bounce back at 5700, which is what is happening today morning. At 5700 the market is still not decided whether to Go UP or DOWN, So it would Range bound for today.

Plus Yes NIFTY is Trading in the channel formed from 5917. On Thursday / Friday only it might take some direction.

For those who are short the Stoploss should be 5785 SPOT