NIFTY Options Trading by RAJ

[healthraj]

Raj Bhai, this levels are spot or future ? pls clarify..

These are SPOT Levels

 

[whisky]

Tomorrow Levels

In tomorrow's opening if you get NIFTY around 6103 and BANKNIFTY around 11100, then you can BUY for Reversal. This is as per the Daily charts.

Ideally as per the 60 min chart it would be good to BUY NIFTY around 6070 and BANKNIFTY around 11000.

So in other words..Nifty can go down to 6103 or 6070 so one can go short from 6140 spot

 

[Neo_trader]

SBI looks good to buy at this level. As per Option data Support (MAX OI PE) at 1700 and Resistance (MAX OI CE) at 1900. Max Pain is at 1800. 1800 call is trading at 16.

 

[Somatung]

Since July 2013 you discuss the same subject day by day. You do it now on such a repeating level day by day, that there should be no more open questions about it. Why don't you add now one more tool to your endless discussion about the same subject you do day by day?

What about some kind of TA indicator, what ever you like, to add a second information leg to what you do or should know in the meant time a bit better? (At least some of you and the others still ask the same questions day by day) This would or could in many cases give you some more prove about what all of you are looking for: Market direction and a better entry into the market.

 

[LivetoTrade]

Since July 2013 you discuss the same subject day by day. You do it now on such a repeating level day by day, that there should be no more open questions about it. Why don't you add now one more tool to your endless discussion about the same subject you do day by day?

What about some kind of TA indicator, what ever you like, to add a second information leg to what you do or should know in the meant time a bit better? (At least some of you and the others still ask the same questions day by day) This would or could in many cases give you some more prove about what all of you are looking for: Market direction and a better entry into the market.

However much something gets automated, a word from the tutor/ master will make a lot of sense to many.

Maybe a psychological comfort factor. :thumb:

 

[TraderRavi]

raj how to take advantage of big moves in NF/BNF due to rbi policy tomorrow ?

 

[Somatung]

However much something gets automated, a word from the tutor/ master will make a lot of sense to many.

Maybe a psychological comfort factor. :thumb:

Surely a good idea, but not the final solution. Even what I post now must not be the final solution, but it is a bit more expanded to what you told.

Every tutor/master can die, be sick or be no more there for what ever reason.

To fill out that or what ever you call it, there needs to be some thing else. Something else instead only the words from: "A word from the tutor/master".

There needs to be some thing else which is a second leg on information, not depended on the tutor/master. A second leg regardless of any tutor/master word. A second leg in case it was not in dept understood and 100% successfully traded by what was given from the tutor/master.

If you are in the war and you always only belonged and acted to 100% according to what your superiors told you, you never learned how to act in dept by your self. As trading is war, you must find ways to act 100% sure by your self. If a second leg on information is needed to what the thread owner tells, then this thread is surely a good tool/pool to expand and experience with that possible added knowledge, tool or how ever you will call it.

 

[LivetoTrade]

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[DanPickUp]

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Last edited by LivetoTrade; Today at 12:23 AM. Reason: do not want to crowd the thread unnecessarily

:rofl::rofl::rofl:

 

[healthraj]

raj how to take advantage of big moves in NF/BNF due to rbi policy tomorrow ?

Since it is based on RBI Policy Event, it is better to play as per the Fundamentals.

No Trades before 11 AM

0.25% Rate hike - Already priced in so the Trend will continue on the down side or would be FLAT
No hike - Bullish
More than .25% Hike - Bearish.

Market is in an Oversold state and so actually NIFTY is looking for some good news to Move UP.

BANKNIFTY @ 11000 - Will be a Sure BUY
NIFTY - As per OAT the Bottom is 6000 but as per Price action the Support comes at 6080-6100

You can follow the below link to Get the LIVE update on the Rate decision
http://www.tradingeconomics.com/india/calendar