Option trading strategies that i hope will work.

[detrich]

Looks like I will open a new short position if the market slips below 5038 again. Will be vying for the 4950.

 

[detrich]

If markets go the technically important 4919 then, there could be a little short build will come up in play. Caution must be applied it would be safe to assume that you can take a Deep ITM put option for the next week. No one can ignore the possibility of liquidity tightening and dispointing Q3 numbers to dampen the X'mas cheer.Stay away from long positions. exit it if falls below Friday's low. Keep an eye on the 5068. If nifty does not manage to hold it then there lies an opportunity to short sell. Not to initiate any longs till Nifty crosses 5089. Good luck and may god bless you.

 

[detrich]

Currently Nifty @ 4987 which is between 5155 and 4665. The band of 5300 has proven to be a quiet a barrier. according to my calculations I feel
that current market is headed at somewhere between 4900-4800 mark anything below 4750 will prove to be quiet a good reason to shortsell the market. Currently market is in no-Trade Zone will have to wait for it to break in either direction.Technically there is not much to be said about it. There are no pattern in this market. For the longterm. It has entered into a trading range between4500-5100 from September.Which was supposed to bring some joy to the market. Current scenario does not look good for trading. as there will be many whiplashes in this kind of market. This pattern is the result of the lower volumes. Ihtink that in present condition 4904 will remain determential. Watch out for it.
This was the view from technicals.

 

[detrich]

A pictures says thousand words. This is a snapshot of RIL and I just do not feel that there is more I can say about it. Open the shorts. Let the valuations take a turn for better.

 

[rajsingh]

Where's the chart....

 

[detrich]

I am so sorry about it. Actually I was going to upload it but somehow I managed to forget it. Anyways with the way the market got. I do not think it is revelant anymore. So sorry for that.

 

[detrich]

The market is whiplashing again. Stay away from options till market break either above 5300 or fall below 5000. There is no fun in losing ur money to the Decay. Good Luck to everyone. This is a trader's market so be extra careful about everything when trading in options. Because it hurts when market does not go anywhere.

 

[detrich]

I think I see something in this market which is a bit unusual. I have never observed it before in securities chart. The market is in extended fifth wave position. Which is really a bit confusing because. My end point for this rally was in December when market had broken the barrier of 5000. But it seems the rally has extended and touched 5300. Which I feel is Fundamentally unjustifiable levels. I would advice people to stay away from the maket till There is a substancial brakthrough at 5300 Levels. Because the market is currently poised at an unpredictable levels. SO PLEASE DO NOT TRADE IN OPTIONS TILL YOU ARE SURE WHAT YOU ARE DOING. Good Luck!.

 

[samlimaye]

Looking at the options data, the nifty may not breach 5200 on the lower side and 5350-5370 on the upper.

 

[detrich]

Looking at the options data, the nifty may not breach 5200 on the lower side and 5350-5370 on the upper.

The data in question is not a reliable sourse for the depth it is useful in ascertaining the direction. What options and futures data fail to express is the core reason for their demand. That has to be studied throught the primary markets. Always remember that before you do anything just check the primary fundamentals and technicals before reffering to this data. What people tend to forget the fact that F & O are just secondary market and short term tools. Which are dynamic in nature and change their course with the primary market so please check the underlying security before using this data. OK bye Happy days are back again and I see a bull run in the short to mid-term. Hopefully all of us will be on the right side of the trade.