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

[sekharjchandra]

MAX COI@PE shifted down to 6200.

 

[healthraj]

MAX COI@PE shifted down to 6200.

Good observation and so we can hold on to our Shorts for some time. But the MAX OI @ CE is still at 6400. So MAX COI @ 6200 could be SELLing 6200 PE at lower levels. So it was prudent to Book 50% profits at 6290 and Close the Rest at cost or when there is a BUY signal in HTF.

 

[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

Avoid shorting in ACC or close ACC since the MAX COI @ CE has shifted UP. ACC now 1127.

Avoid ULTRACEMCO since the MAX COI @ CE has shifted UP


11:45 AM.

Closed 50% in JINDALSTEL @ 243.9

 

[healthraj]

NIFTY - First BUY signal in LTF @ 6288. So it was good that I booked 50% at 6290.

Will wait for the BUY Signal in HTF to Close.

Not taking any Longs based on LTF.

 

[healthraj]

NIFTY - LTF - Again a SELL signal @6310. Ideally hose who missed the bus and Want to take some risk can SELL at current levels (6309) till we get a BUY signal in HTF... The Risk is yours though... I am carrying my 50% positions and not adding any new positions

 

[Gandhar.]

NIFTY - LTF - Again a SELL signal @6310. Ideally hose who missed the bus and Want to take some risk can SELL at current levels (6309) till we get a BUY signal in HTF... The Risk is yours though... I am carrying my 50% positions and not adding any new positions

can one short now?
if yes what should be the sl?

 

[sekharjchandra]

can one short now?
if yes what should be the sl?

Can short Nifty spot at current levels with sl at 6340..

 

[healthraj]

Could not Resist. Sold once again @ 6325 with the Same stop loss as in the morning. Now Carrying 100% positions.

 

[healthraj]

NIFTY Range for 05-MAR-2014

6237-6321 - Pivot @ 6279.

LONG in Progress from 6221. So 120 points from 6221 would be 6341.
It would be ideal to SELL between 6321-6341

The Range has been shifted to 6256-6342.
SELL in progress from 6332.6 with Stoploss @ 6353.7 and with new Targets 6299 and 6356

 

[healthraj]

INDIAVIX Range for 5-MAR-2014

14.28 - 15.74 [email protected] Now@ 14.39

Interpretations of VIX Values.

Those who are trading Options.

At 14.28
- Better to execute strategies which involves BUYing Options
- SELL NIFTY Futures
- Buy Naked Puts / SELL Naked Calls
- BUY Indiavix Futures

At 15.74
- Better to execute strategies which involves SELLing Options
- BUY NIFTY Futures
- Buy Naked Calls / SELL Naked Puts
- SELL Indiavix Futures

The Levels changed quickly in the morning. The new levels are 13.6-14.6-15.6
NVIX is THE most volatile FUTURES in the NIFTY. The VOLT is around 93.5%.