NIFTY Options Trading by RAJ

[healthraj]

NIFTY Options

MAX COI @ 7700-7800 - Indicating Bullishness
But there might be a Small Down move. So as per the Options Data it should be a BUY on Dips

The Level to Watch is 7650 and 7716. Above 7720 is BUY. Below 7650 is SELL

MAX COI @ 7600-7800. So it does not seem to give any clear direction.

 

[abhi0042]

Hello Raj , first of all want to thank you for an amazing thread. Hope to learn a lot from you and the other traders here.
My query is : just about 15 to 20 mins back , the banknifty 15500Call Chng OI was showing a negative 12150 value. And now it is about neg 2500. How to interpret this ?
I read in one of your earlier posts , you said a negative value in Ch OI in CE can be interpreted as a bullish sign. I was wondering if this is applicable in the current scenario.

 

[healthraj]

Hello Raj , first of all want to thank you for an amazing thread. Hope to learn a lot from you and the other traders here.
My query is : just about 15 to 20 mins back , the banknifty 15500Call Chng OI was showing a negative 12150 value. And now it is about neg 2500. How to interpret this ?
I read in one of your earlier posts , you said a negative value in Ch OI in CE can be interpreted as a bullish sign. I was wondering if this is applicable in the current scenario.

The Volume in the NIFTY and BANKNIFTY Options data is not very high. So it is better to Wait and in another 50 minutes you will get a Real trade. Now it is better to keep away and Watch the market...

Otherwise you can go Stock Specific.

 

[healthraj]

NIFTY Options

MAX COI @ 7700-7800 - Indicating Bullishness
But there might be a Small Down move. So as per the Options Data it should be a BUY on Dips

The Level to Watch is 7650 and 7716. Above 7720 is BUY. Below 7650 is SELL

As you can see Between 7720 and 7650 it is a No trade Zone. Some Dirty fight is going one between Bulls and Bears

 

[ratan_1976]

thx a lot for keeping this good thread alive and timely update.

What should be the SL for Infy 3400 put?

 

[healthraj]

thx a lot for keeping this good thread alive and timely update.

What should be the SL for Infy 3400 put?

As per Options Data, 3500 is a Strong Resistance where the MAX OI is there. So as long as the MAX OI is there in 3500, I will continue to hold the 3400 Puts. Please decide your stoploss accordingly.

 

[healthraj]

AUG-14- Trade 06

Since NIFTY was not able to Cross 7720 Bought 7600 Put @ 58. Support should come at 7650. So closed 7600 Put at 78 for 20 points. Will Take Puts again if Breaks 7650.

 

[healthraj]

AUG-14 Trade-05

INFY Trading above Resistance. Bought 3400 Put @ 43.

Weak hearted can close INFY 3400 Put at 50 with 7 points profit

 

[pratik_star_11]

SBI 2600 call also triggered @ 30.....

 

[Option.Trader]

AUG-14- Trade 06

Since NIFTY was not able to Cross 7720 Bought 7600 Put @ 58. Support should come at 7650. So closed 7600 Put at 78 for 20 points. Will Take Puts again if Breaks 7650.

7600 was having max oi and chgoi, any reason for choosing this strike price?