1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures - Bac

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

04-Jul-13 Option Analysis for NIFTY

MAX CGH in OI at
6100 CE @ 322K
5800 PE @ 334K
Total Change in OI @ CE 497K, PE @ 635K

You can see the first time positions being made at 6100 CE. That shows this rally would minimum test 6000.

OI Max at the same level as 5600-6000 - no change in the past 7 days
CE OI @ 3.18C PE OI @ 3.85C
Weekly Trend - UP

Pivot @ 5860 - This could be the High for today. Positional pivot at 5792 - Which could be the low for the day - Already the Low 5791.6 made. So you can Go long around 5792-5798

5600-6000 Pair today at 63.55

At 10 AM, the MAX CHG in OI pair changed to 5800-5900. So hopefully today 5800 would be saved. But finding the bottom would be challenge. Right now it has moved from 5790 to 5786. We could keep our yesterday's pivot of 5775 as Stoploss for the LONG.

So right now the Intrday signal is a SELL and not a BUY...

This is the time to trade the options Pair - Yesterday asked to trade 5700-6000 Pair at 95. Today it is 86
Market would take some time to go UP. Positions need to be made. So I would better wait for 5700 PE Volume to UP before taking any Naked LONG positions

 

[Option.Trader]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Raj
One more link in Nifty which gives info on the most active contracts in groupings of Rise in OI /Rise in Price ... kind of pairs which is also a good measure of interest in the market

Nifty OI spurts

This typically corresponds to the usual understanding of Price OI pairings as shown below

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

04-Jul-13 Option Analysis for NIFTY

So you can Go long around 5792-5798

Those who have Gone LONG, Please hold your Longs and keep taking Regular profits as per your Risk plan. Market is in consolidation phase and would be spending some time around 5790-5810.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

Those who have Gone LONG, Please hold your Longs and keep taking Regular profits as per your Risk plan. Market is in consolidation phase and would be spending some time around 5790-5810.

In the 5800-5900, MAX CHG in OI is at 5800 PE and so LONG confirmed now....

 

[anup]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

In the 5800-5900, MAX CHG in OI is at 5800 PE and so LONG confirmed now....

I think we are in No trading Zone.. Premiums are getting eaten!!

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

In the 5800-5900, MAX CHG in OI is at 5800 PE and so LONG confirmed now....

Any Good Rally need to make a double bottom at least in the Hourly charts. Accordingly Yesterday's support (5770) / Low would be tested again. So Trade with Caution on Longs above 5820-5830. Better to close the Long positions with 20 points profit and wait for the Correction. so right now If I have to qualify the LONG, it is mildly bullish and it is defintely not a Strong BULL now

Also all the key stocks need to participate. Right now the Banking Stocks are trying to find the bottom and Trading negative.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

I think we are in No trading Zone.. Premiums are getting eaten!!

You are right Dinesh. That is why, during a Reversal we should always go for Option strategy to Sell the Options.

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

MAX CHG in OI changed to 5600-5900 Pair - Available at 92.45- Those who want to Trade the pair can go ahead now. Try to Sell so that you get the pair for around 95

 

[healthraj]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

04-Jul-13 Option Analysis for NIFTY

MAX CGH in OI at
6100 CE @ 322K
5800 PE @ 334K
Total Change in OI @ CE 497K, PE @ 635K

You can see the first time positions being made at 6100 CE. That shows this rally would minimum test 6000.

OI Max at the same level as 5600-6000 - no change in the past 7 days
CE OI @ 3.18C PE OI @ 3.85C
Weekly Trend - UP

Pivot @ 5860 - This could be the High for today. Positional pivot at 5792 - Which could be the low for the day - Already the Low 5791.6 made. So you can Go long around 5792-5798

5600-6000 Pair today at 63.55

At 10 AM, the MAX CHG in OI pair changed to 5800-5900. So hopefully today 5800 would be saved. But finding the bottom would be challenge. Right now it has moved from 5790 to 5786. We could keep our yesterday's pivot of 5775 as Stoploss for the LONG.

So right now the Intrday signal is a SELL and not a BUY...

This is the time to trade the options Pair - Yesterday asked to trade 5700-6000 Pair at 95. Today it is 86
Market would take some time to go UP. Positions need to be made. So I would better wait for 5700 PE Volume to UP before taking any Naked LONG positions

MAX CHG in OI changed to 5600-5900 Pair - Available at 92.45- Those who want to Trade the pair can go ahead now. Try to Sell so that you get the pair for around 95

Today we had so many pairs,

In the morning we had 5800-6100, Then we had 5800-5900, then it was 5600-5900 and now we have 5600-6100. So it clearly shows that positions are being added,

Anyways as I have been telling Yesterday, only 5700/5800 PE Huge positions would confirm this Rally... The CHG in OI is as follows

5600 PE - 570K
5700 PE - 522K
5800 PE - 562K

6100 CE - 569K
6000 CE - 75K ??
5900 CE - 520K
5800 CE - 413K

More or less FLAT to Mildly Bullish right now

 

[Option.Trader]

Re: 1 lakh to 652 lakhs in 497 trading days - Winning 20% of Trade in NIFTY Futures -

MAX CHG in OI changed to 5600-5900 Pair - Available at 92.45- Those who want to Trade the pair can go ahead now. Try to Sell so that you get the pair for around 95

Isn't the Max CHGI 6100CE rather than 5900ce?