NIFTY Options Trading by RAJ

How do you use OAT tool?

  • For Intraday Naked Options trading

    Votes: 58 37.7%
  • For Intraday Pair trading of Options

    Votes: 27 17.5%
  • For Intraday Futures trading

    Votes: 18 11.7%
  • For Positional Naked Options trading

    Votes: 35 22.7%
  • For Positional Pair trading of options

    Votes: 29 18.8%
  • For Positional Futures trading

    Votes: 11 7.1%
  • To trade in Cash market

    Votes: 13 8.4%
  • Overall trading has improved with OAT

    Votes: 27 17.5%
  • Understanding of Options has improved with OAT

    Votes: 57 37.0%

  • Total voters
    154
  • Poll closed .

healthraj

Well-Known Member
Hi all,

I have a doubt in this strategy.. What if OI is showing Bearish signal and CHOI is showing Bullish signal. Came across that kind of scenario today. As Intraday is showing Bullish and Positional is showing Bearish, how come we analyse the market trend.
7800-8000
Need your valuable suggestion.

Thanks.
If you doing Intraday trade follow the signal given CHGOI, If you are doing positional then follow signal given by OI
 
Dear All,

I have Updated new file. kindly check this.

Sorry for the Late Reply. Last one week i was in out of station. So i Couldn't update.

Note : I have Mentioned how to change Symbol name and Expiry Date Details in ALL Stock OAT file (View 51th Row of Main Sheet) .

COURTYSEY : Mr.Healthraj.

HAPPY TRADING. :thumb:.


Thanks & Regards,
Profittrader
Dear PT, I have just finished reading the compilation of the thread, can u pls share the updated excel sheet with us, it'll be a great help if u do that

Thanks

Thiru

DM
 
Plz anyone could help me while to open OAT excel sheet..

tell me how to fix.
I am using excel 2015.
"Compile error in hidden modules: modClean. This error commonly occurs when code is incompatible with the version, platform, or architecture of this application.
 

gemat

Active Member
Rule 6: In the CHG in OI, what if we get Negative values? What signals does it give?

If we get the Negative values in "CE", that means Market makers (BEARS) are squaring off the Call Positions (The SHORT Positions). So heavy squaring off in CE is a BULLISH signal and we have to expect a BREAKOUT if there is a sudden spike in the squaring volume. There is a panic situation. Normally this will happen all of a sudden in say 10-20 minutes and we have to exit the Shorts immediately and can GO LONG.

It is the Vice versa if we get Huge Negative Values in "PE".

If we get Negative Values both in PE and CE, then blindly SELL the OI pair

Small negative values indicate the normal profit booking.
Summary of the key posts

NIFTY Options Trading with RAJ
1 INTRODUCTION


That is
When the CE NET CHG +ve and the COI +Ve - Bullish - Long Build
When the CE NET CHG +ve and the COI -Ve - Bullish - Short unwinding
When the PE NET CHG +ve and the COI +Ve - Bearish - Long build
When the PE NET CHG +ve and the COI -Ve - Bullish - Long unwinding

raj ji,
a little confusion- as above you stated
if we see a negative value in PE COI, we could assume the longs are unwinding and it is giving a bullish signal?
thank you
 

Profittaker

Well-Known Member
It is very nice of you to put in so much effort for all !!
What is the set refresh rate and is it changeable.

Thanks
I have Set Refresh Time : 3 Min. You Can Change it. Go to Data Menu ---> Click Connections ---> Here You Can Adjust Every Refresh ---Minutes in Usage Tab. (I recommend It should be Min 3 Minutes is better for Updation. )
 

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