NIFTY Options Trading by RAJ

[Option.Trader]

Breakout, done day

 

[knarendra]

NF @ 6237, Is it time for Short?

 

[Option.Trader]

NF @ 6237, Is it time for Short?

No rate hike, it will be suicidal to short, buy on dips. 70l OI built up in 6300, need to see if today's rally makes the bears go weak in knees

 

[knarendra]

No rate hike, it will be suicidal to short, buy on dips. 70l OI built up in 6300, need to see if today's rally makes the bears go weak in knees

But, VIX is increased from 11.00 AM

 

[healthraj]

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

So the Options data did not fail.

 

[healthraj]

NF @ 6237, Is it time for Short?

You can Sell if you get NIFTY around 6250 SPOT OR if breaks 6190. NIFTY already made high 6236. Let us see if it makes higher than that.

 

[appajib]

You can Sell if you get NIFTY around 6250 SPOT. NIFTY already made high 6236. Let us see if it makes higher than that.[/QUOTE

Pls share for Banknifty also

 

[Option.Trader]

But, VIX is increased from 11.00 AM

Vix is almost near days low @17.46?

 

[healthraj]

You can Sell if you get NIFTY around 6250 SPOT. NIFTY already made high 6236. Let us see if it makes higher than that.[/QUOTE

Pls share for Banknifty also

For BANKNIFTY SELL below 11380 for Today's Low as the Target

 

[healthraj]

The MAX OI has changed from 6000-6300 to 6100-6300. But the Difference between 6000 and 6100 is just 2 Lakhs. So 6100 might vanish.

In the Daily charts the Trend is Still bearish with Low as 6036. So around 6275 You can Buy Puts and Average your Puts Above 6275.

Right now Stay Long above 6200. Today as Per OAT 6200 might not break