NIFTY Options Trading by RAJ

[RavishReport]

As NF was trading mostly below 6200 for last few days, many positional shorts were trapped below that & can see more short covering may be at day end. So shorting is risky right now, stay long with SL.

 

[healthraj]

RELCAPITAL

RELCAPITAL in both the Daily charts and the Intraday charts is Trading below the SUPPORT. So those who want to Take Risk can Buy for tomorrow if you get around 345

Those who went LONG Yesterday on RELCAPITAL, can close with profits. Now it is trading around 2% Profit

 

[babumehta]

Those who went LONG Yesterday on RELCAPITAL, can close with profits. Now it is trading around 2% Profit

Dear Raj

any stock which we can go long on?

 

[srinivas.vrv]

dear raj.. can you please tell me SBIN support and resistance levels for intraday and positional.

 

[healthraj]

Dear Raj

any stock which we can go long on?

You can TRY to Buy SBIN. SBIN made lows, Generated the BUY signal below 1750 in Daily charts and now Trading above 1750. It can possibly make 1900 in DEC-13. Ideally try to buy around 1750

 

[healthraj]

dear raj.. can you please tell me SBIN support and resistance levels for intraday and positional.

I think our posts crossed each other. I have posted the Levels. Daily support is at 1720 and Resistance at 1920

 

[prabhsingh]

If Nifty SPOT is able to break 6238 then it can reach towards 6272 levels followed by 6306.

 

[prabhsingh]

Titan is one of the very difficult stock to track but for last 3 days it surging in between 2-3%.Have a look at below image its expectation in coming days.Its Just my personal belief and hence positions should be taken at own risk.

 

[knarendra]

Options Update

As per OAT, 6200 is Bullish today and 6250, 6300 are Bearish.
So we might see 6250 and then it might Reverse from there.

As per the 60min chart also the RESISTANCE is at around 6250.

so if the Options data does not change at 11 AM, then today it might be Bullish till 6250

In the lower timeframe the RESISTANCE is at 6175.
At 11 AM, if you see a strong movement crossing 6175, You can GO Long for 6250. If there is no BO beyond 6175 then you can plan for 6070 or Lower. So either way 100 points today.

6175 also coincides with our Baba levels

But I am slightly bullish looking at the Options Data

Dear Raj,
How can you deside 6200 is a Bullish and 6250, 6300 is Bearish?
Im also expect 6200 is bullish . But, I cannot deside about 6250 & 6300.
Can you explain it with Options data.
What is OAT?

 

[vikasnp81]

Break down 6184.2
Break out 6242.5