Long 10 years: Finally started Diary

jassinko

Well-Known Member
#22
Expiry special

Shorted Rpower 95 call @ 0.50

Target is zero by tomorrow. So, will earn Rs. 2000 bucks.

SL: Rpower reaches 95 and sustains, depending on time of day-today or tomorrow, loss will be 1000-3000 or change in OI of 95 call start decreasing and 95 put, start increasing

Reason: Rpower is getting resistance near 94.5-95 and OI of 95 call> 95 put by 3 times

Invite seniors to comment, suggestion, guidance for the position or on strategy

Margin Utilized- 500000
 

jassinko

Well-Known Member
#23
last half hour, RCOM took unexpected jump and OI decreases in 95 call but it didnt sustain and 95 put OI didnt gain, so holding my position.

MTM - -ve 1600

My take is, it is to shake off weaker hands, but in share market, cant say anything...so will have SL in place tomorrow after 9:30

Threat1: Gap up open can ruin party :confused:
Threat2: 92.5 call put OI favouring bulls :(

Strength1: Settlement price is 94.1, lower than LTP of 94.75 :thumb:
Strength2: 95 call OI is still +ve and 95 put OI is still -ve :D
Strength3: My intuition (develop by experience and not just 6th sense) says it will close below 95...price can be 94.95 or lower....dont care :D

Raj, escape, columbus and other OI experts if u can also shed some light on OI of Rpower.....it will be a gr8 learning

and any other technicals on RCOM are also welcome....no umar for learning
 

jassinko

Well-Known Member
#24
next week candidates are LT, JPpower, banknifty......i will chose one from these above based on best R:R and other two will be paper traded

do suggest clients which are near support/resistances, will see their pattern and OI.......for paper trade purpose
 

healthraj

Well-Known Member
#25
last half hour, RCOM took unexpected jump and OI decreases in 95 call but it didnt sustain and 95 put OI didnt gain, so holding my position.

MTM - -ve 1600

My take is, it is to shake off weaker hands, but in share market, cant say anything...so will have SL in place tomorrow after 9:30

Threat1: Gap up open can ruin party :confused:
Threat2: 92.5 call put OI favouring bulls :(

Strength1: Settlement price is 94.1, lower than LTP of 94.75 :thumb:
Strength2: 95 call OI is still +ve and 95 put OI is still -ve :D
Strength3: My intuition (develop by experience and not just 6th sense) says it will close below 95...price can be 94.95 or lower....dont care :D

Raj, escape, columbus and other OI experts if u can also shed some light on OI of Rpower.....it will be a gr8 learning

and any other technicals on RCOM are also welcome....no umar for learning
All the best for your new thread.

For RPOWER, MAX OI and COI at 90-100. So 90 is the support and 100 will be the Resistance, which is also as per the Hourly chart, where LONG is in Progress. Long Triggered below 90. S2 @ 88.7 S1 @ 91.3. Pivot @ 93.8. R1 at 96.4. R2 @ 99- All levels in SPOT.

In Daily Charts BUY triggered below 91.1. With [email protected], [email protected], Pivot @ 109.7. R1 @ 119 and R2 @ 128.

The Trend Decider Level would be 100.4. Above 100.4, it can meet all the Daily Targets. The Minor Trend is Down...

If this market Turns bullish, One can BUY RPOWER above 100
 

jassinko

Well-Known Member
#26
Shorted 1 more lot of RPOWER July 95 call @ 0.60........ didnt take as averaging but as a new position

not much movement in 95 call and put OI so far, looking like it will close below 95 in this expiry but cant predict market

so

having SL at sustaining of 95 or heavy decrease in OI of 95 call.......

depending on time, can loss 1000-2000 in 1 lot ........will review my position at 11 am........usually action in OI happens between 11-12.......

experts ...can comment, criticize, guide, suggest as per their experience
 

jassinko

Well-Known Member
#27
Based on OI chain, some observations:

JPassociat must expire above 60 cmp 59.8
JPpower must expire below 20 cmp 19.55
Rpower must expire below 95 cmp 94.60
Nifty must expire below 7800 cmp 7780

I am a noob and learning via trading so request all not to trade......
 

jassinko

Well-Known Member
#29
JP associat's 60 put came down from 0.70 to 0.40........:clapping:

JPPOWER's 20 call is down from 0.10 to 0.05:thumb:

Rpower's 95 call is down from 0.6 to 0.5.......:)

Nifty 's 7800 call is there only....from 12 to 11.....not much change :annoyed:

but day is still young.....keeping an eye over positions, traded + paper
 

jassinko

Well-Known Member
#30
JP associat's 60 put came down from 0.70 to 0.40........:clapping:

JPPOWER's 20 call is down from 0.10 to 0.05:thumb:

Rpower's 95 call is down from 0.6 to 0.5.......:)

Nifty 's 7800 call is there only....from 12 to 11.....not much change :annoyed:

but day is still young.....keeping an eye over positions, traded + paper
the way option premium is still around 0.50 of rpower's 95 call shows that the stock may jump again from 94 level and can close around 94.8 level........ just an observation
 

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