RAJ NIFTY Trading - Entry Exit based on Daily, Higer and Lower timeframe

[healthraj]

Dear Raj,

I think sell is not active now:

In NIFTY LTF, The SELL Triggered at 6277.2 is still LIVE even though I took the SELL Early and stoploss triggered.

Will Wait for SELL in HTF.

In HTF BUY Triggered Yesterday at 6221 with Targets of 6267.6 and 6305. 6305 is not Met yet. So probably 6305 will be met and SELL can be taken around that level.

BUY Triggered in LTF @ 6283.4 with stoploss as 6263.8 and Targets 6302 and 6317. I am not taking the Long call. I will Rather take the SELL Call in HTF.

Yes Sorry for the confusion. When I started typing the message SELL was active. And when I finished typing the BUY signal triggered and I forgot to remove the "SELL Part".... The point is that for SELL anyway it is better to wait for a SIGNAL from HTF, which will probably come around 6310-6320.

 

[healthraj]

Raj Sir:

Why have you not preferred to Long @ 6283 ?
pls elucidate..thx a lot
-eevra

Because I have a feeling that may be the Top is made and so it is risky to Buy at this level... BUY Low SELL High :thumb:

 

[Option.Trader]

Option chain gave a good indication this month. Yesterday inspite of fall, Max addition happened in 62000pe and today bulls have been aggressively writing 6300pe with the level having highest chgoi for today

 

[sekharjchandra]

Option chain gave a good indication this month. Yesterday inspite of fall, Max addition happened in 62000pe and today bulls have been aggressively writing 6300pe with the level having highest chgoi for today

6300 and 6400 call do not have much OI Difference.. Range might get shifted to 6200-6400 soon..

 

[healthraj]

STBT in NIFTY.

If you get NIFTY for around 6305-6315, then it would be a Sell Today Buy Tomorrow Opportunity.

According to HTF, a SELL at around 6310 can give full 60 points. But we have to SELL at the right Level.

In LTF, SELL signal triggered around 6299.65. NO SELL signal Yet in HTF. Taking Risk and SOLD around 6298.

 

[healthraj]

sold acc @ 1115.5 Stoploss 1122

Holding the SELL for ACC. And averaged at 1125.

 

[healthraj]

DRREDDY - Opened Gap down. Will find first support at 2841. Now at 2849. Can close 50% at 2841 and the Rest for 2800 (MAX Pain)
HINDALCO - Made high of 107 and now trading at 106.15. Risky can hold till 104. The stop loss was mentioned wrongly, it should have been 108.
NMDC - Made high of 130.4 and triggered a SELL in HTF. RISKY can close

DRREDDY and NMDC closed.
DRREDDY made low of 2760.
NMDC making high of 133 right now.
Stoploss triggered in HINDALCO.

 

[healthraj]

Holding the SELL for ACC. And averaged at 1125.

ACC is testing my patience. Holding the SELL purely because the MAX OI @ CE is still at 1100.

 

[healthraj]

Holding the SELL for ACC. And averaged at 1125.

ACC is testing my patience. Holding the SELL purely because the MAX OI @ CE is still at 1100.

Forgot To Look at the MAX COI which was indicating a Range of 1080-1140. Completely got blinded by the MAX OI

 

[healthraj]

Tomorrow's Stocks based on Change in OI and hourly Trend

SELL ACC @ 1132, SL@1140, Targets 1119.6, 1107
SELL [email protected], SL@252, Targets 244, 239.5
SELL [email protected], SL@116, Targets 111.7, 109.5
SELL [email protected], SL@1891, Targets 1843.9, 1815

Entry should be around the SELL Price so that the SL can be maintained. For Example for ACC the entry should be between 1132 and 1140.

The Targets provided are the Pivot (Target 1) and Support (Target 2) in Hourly charts for SELL
The Targets provided are the Pivot (Target 1) and Resistance (Target 2) in Hourly charts for BUY