Trading Options with Tukka style

[praveen taneja]

Ram Ram JI bought 7500 june put at 140.25 Jai Ram JI KI

Today RBI credit policy at 11 AM After that direction of nifty will clear

 

[praveen taneja]

"IF RBI CUTS 25 THEN FALL. IF CUTS 50 THEN UP".
We will analyse this line.
IF----Starting of the line is a "?"
RBI 25----Again he dont know what rbi will do...!!!
FALL---- WHY and How much? dont know!!!!
IF--- Again he dont know, starts with "?"
RBI 50---Again he dont know what rbi will do....!!!
UP----WHY? and how much up? dont know....!!!
Useless line, among traders now a days....
When he dont know anything for a probability of 2...
Better shut everything and sit quietly, so that he will not loose money.

 

[praveen taneja]

Daily repo rate 95% to 90%, repo rate 0.25 cut now 6.5, reverse repo rate now 6 fy17 cpi 5% crr stable 4%

 

[praveen taneja]

Sold my puts at 155 added call 7850at 60 jai ram ji ki

 

[praveen taneja]

Changes in Open Interest(OI) �: 5th April 2016 � �

Nifty Spot� � � � � ��: � � � 7603.20(- 2.01%)

Bank Nifty Fut � � : � � �15732.60(- 3.23%)� � � ��
VIX � � � � � � � � � � �: � � � �17.8300(+ 2.18%)
Premium � � � � � � �: � � � �+ 20 VS + 32
Nifty Fut OI � � � � �: �- �8.39L shs (- 4.10%)
Bank Nifty Fut OI �:�+ �1.32L shs (+ 7.67%)


Major Changes in Nifty April Options OI :


Calls��:�� � � � �

7500 : �+� 4.10L(23.81L)
7600 : �+ �2.35L(20.09L)
7700 : �+10.59L(32.51L)
7800 : �+10.68L(46.34L)
7900 : �+10.41L(52.25L)
8000 : �+ �8.98L(72.77L)
8100 : �+11.24L(31.17L)
8200 : �+ �3.12L(31.72L)
8300 : �+ �2.53L(12.91L)
8400 : �+ �1.94L( 8.16L)

Puts �:��

7200 : �- � 7.65L(20.45L)
7300 : �+ �9.79L(26.72L)
7400 : �+ �7.95L(38.84L)
7500 : �+ �1.96L(50.18L)
7600 : �+ �5.43L(39.59L)
7700 : �- � 2.36L(24.66L)
7800 : �- � 1.94L(12.78L)
7900 : �- � 2.80L( �6.73L)

�

Highest OI Nifty � � � � �: �Calls � 8000 : �72.77L �- � Puts �7500 : �50.18L


Highest OI Bank Nifty �: �Calls �17000 : �9.12L �- � Puts 15000 : � 4.76L

Change in Stock OI :�

Long Buildup�� � �: BIOS, AJP, LTFH, PCJL, IOCL, TTAN, PAG

Short Buildup�� � : HZ, EXID, GCPL, UNBK, BATA, LT, BOI, SBIN, JSP, COAL, ARVND, VOLT, YES, SUNTV, IRB, RCAPT, BEML, MSIL, ADE, KKC, IDBI, RECL, FB, NTPC, LIICHF, MRF, TTMT/A, CCRI, ADSEZ, DABUR, IBREL, SRF, EIM

Short Covering�� �: PIDI, SHTF, IDFC, HPCL, HCLT, CDH, BPCL, UBBL

Long Unwinding� �: TVSL, DEWH, DLFU, KPIT, HEXW, AMRJ, ICNT, NMDC, NHPC, BOB, ONGC, LPC, GDSP, MM, SNDB, INFO, TRP, ITC, CESC, HDIL, ACC, APNT, KMB, CEAT, AL, BOS, CENT, IGL, BOS, ALBK, APTY, OBC, BHIN

 

[praveen taneja]

I think nifty will go up tomorrow atleast 60 to 70 points or more from today's close. The reason is quite obvious in today's charts nifty fallen hugely but volume line was just touching average 10 day volume line. The volume should have been much for nifty to fall tomorrow again. Hope i come out right tomorrow

 

[timepass]

I think nifty will go up tomorrow atleast 60 to 70 points or more from today's close. The reason is quite obvious in today's charts nifty fallen hugely but volume line was just touching average 10 day volume line. The volume should have been much for nifty to fall tomorrow again. Hope i come out right tomorrow

It goes down 150 pts, can bounce back 75 pts

 

[test123]

lol claps but jumping from put to call no good move i use to do that a lot ... then later i figured There is only 1 side to market and thats Right side....
cheers for your put profits ^^

 

[TracerBullet]

lol claps but jumping from put to call no good move i use to do that a lot ... then later i figured There is only 1 side to market and thats Right side....
cheers for your put profits ^^

Only When trending there is one side. When sideways, both side.
So, to keep it simple with your tukka style - Look at HTF chart say 30 mins/1 hour. If its sloping down, Its trending - sell only and hold for bigger moves ( ie Trail stop).
Else If its sloping horizontal its sideways - trade both extremes and take profits quicker.
That is trend. Then Trade LTF say 5mins. Always Keep stops. You can use pivots for entry-exit. Just do this simple thing with your tukka style, then you may have better chance than random. And be strict about stop losses. Remember - Trades should have small losses, small profits and big profits - Never large losses..

 

[praveen taneja]

lol claps but jumping from put to call no good move i use to do that a lot ... then later i figured There is only 1 side to market and thats Right side....
cheers for your put profits ^^

Only When trending there is one side. When sideways, both side.
So, to keep it simple with your tukka style - Look at HTF chart say 30 mins/1 hour. If its sloping down, Its trending - sell only and hold for bigger moves ( ie Trail stop).
Else If its sloping horizontal its sideways - trade both extremes and take profits quicker.
That is trend. Then Trade LTF say 5mins. Always Keep stops. You can use pivots for entry-exit. Just do this simple thing with your tukka style, then you may have better chance than random. And be strict about stop losses. Remember - Trades should have small losses, small profits and big profits - Never large losses..

sorry niether FII are my relative nor any TA guy who come on cnbc I trade what I see balance Ram JI KI marji
when all were taking calls I took put and now.............:rofl::rofl:
Jai Ram JI KI
7700 de de baba:thumb: