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 -

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.

Market made high of 5830. Close your LONG positions with 40 points profit. Those who want to Take risk can Go for SHORT now at 5830

 

[healthraj]

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

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

Option.Trader,

See my previous post. Today almost all the Key strikes we had around 500K of positions. So no BIG candidate. But there are some pairs with around 95 as the combined price...

 

[healthraj]

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

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

Now we have 5700-6100 - My faourite of 5700 PE. If we have to believe that this is an UP Trend then 5700 PE should have the highest OI

 

[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 @ 11:30 AM

MAX CGH in OI at
6100 CE @ 645K
5700 PE @ 670K
In the morning Total Change in OI @ CE 497K, PE @ 635K
Now it is Pe-15L, CE-27L


OI Max at the same level as 5600-6000 - no change in the past 7 days
In the moring - CE OI @ 3.18C PE OI @ 3.85C
Now at CE-3.2C, PE-4.05C

 

[Option.Trader]

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

04-Jul-13 Option Analysis for NIFTY @ 11:30 AM



OI Max at the same level as 5600-6000 - no change in the past 7 days
In the moring - CE OI @ 3.18C PE OI @ 3.85C
Now at CE-3.2C, PE-4.05C

The 5600pe now has net oi >70l.
5600-5900pe have now registered > 10% chgi individually whereas 6000ce is seeing unwinding. I think the base has been formed at 5600 now. Can watch the 70l OI theory

 

[sabhlok_r]

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

04-Jul-13 Option Analysis for NIFTY @ 11:30 AM

MAX CGH in OI at
6100 CE @ 645K
5700 PE @ 670K
In the morning Total Change in OI @ CE 497K, PE @ 635K
Now it is Pe-15L, CE-27L


OI Max at the same level as 5600-6000 - no change in the past 7 days
In the moring - CE OI @ 3.18C PE OI @ 3.85C
Now at CE-3.2C, PE-4.05C

watching Tatamotors....270pe has highest OI of 12L and highest change also -41K as compared to 290ce (11.5L) and 38K

good for a short...

 

[healthraj]

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

The 5600pe now has net oi >70l.
5600-5900pe have now registered > 10% chgi individually whereas 6000ce is seeing unwinding. I think the base has been formed at 5600 now. Can watch the 70l OI theory

Thanks. Good to see the 70L... Understand the 5600PE. Why should 6000CE unwind? Are they closing the shorts they had taken around 5900.

There is also unwinding happening at 5900 PE and 5700 CE...

 

[Option.Trader]

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

Thanks. Good to see the 70L... Understand the 5600PE. Why should 6000CE unwind? Are they closing the shorts they had taken around 5900.

There is also unwinding happening at 5900 PE and 5700 CE...

6000ce may be a case of profit booking by smart money. For a confirmed uptrend volume in 5800pe needs to be built up. I don't think I it's a case of bears running for cover. Also as US markets are closed over weekend, it may well result in a bull trap

 

[healthraj]

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

Market made high of 5830. Close your LONG positions with 40 points profit. Those who want to Take risk can Go for SHORT now at 5830

Those who went Short can close their positions now

 

[healthraj]

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

Options Data @ 2:30 PM

Today as mentioned, Initially the positions were Flat and you saw because of that market making UP (60 points - we made 40 points) and Down (60 points - We made 40 points). So totally we made 80 points.

So it is important to make a note of the Options positions in the beginning of the day at around 10 AM to plan your trades.

Status at 2:30 PM

MAX CHG OI @ 5900 CE - 11L 5800PE - 10L (5800PE is quickly increasing in volume) - Right now Favours BEARS. but the BULLS are recovering. Already asked to close the Shorts

Total CHG in OI - CE-25L, PE-37L - Favours BULLS

Total OI - CE - 3.3C, PE-4.1C - Again favouring BULL

So tomorrow we might once again see a Rally to 5900 levels.

Risky Players Can buy Naked 5800 CE.

Less Risky can trade the Pair -5700-6000 available now at 86. Take positions at the end of day Or at the bottom