Nifty Key levels for day traders

[varun2504]

investors or traders are supporting nifty at 5100

Good PLAY 5100 to 5120

NO directional

what to do :rofl:

 

[sumitdasjoshi]

Hey linkion there is zlr in woodies cci patern in 30 minut time frame plz take a look and tell me if i am right or not i started learnig it from today i am talking about nifty future chart plz tell me if i am right or wrong .

 

[simple_trader]

5100 CALL and PUT are down by 7 points.

5000 PUT and 5200 CALL are down by 5 points.

Since market in a range, premiums are coming down and writers are making money. Does not mean that very easy to write them and make money.

We are in a range, hence likely to breakout in future.

 

[columbus]

:annoyed: :annoyed: boring....

Someone please ask the FII to stop buying every dips....

Once the extend Market Timings are implemented ,we saw
many such BORING sessions.

 

[linkon7]

trend decider for the day is 5093....

Buy above this level only

 

[linkon7]

Once the extend Market Timings are implemented ,we saw
many such BORING sessions.

Its become hellish for day traders. Many time people take position simply because they were sitting idle for the past 1 hour. They get in and generate brokerage at best, since most cant wait for another 1 hour for it to move...

Even Options have become motionless. Its asking for patience and that's a virtue i dont have....

 

[simple_trader]

5100 CALL and PUT are down by 7 points.

5000 PUT and 5200 CALL are down by 5 points.

Since market in a range, premiums are coming down and writers are making money. Does not mean that very easy to write them and make money.

We are in a range, hence likely to breakout in future.

5000 PUT and 5200 CALL premium is down by another 3 points.

5100 CALL and PUT are down by 5 points today.

 

[linkon7]

5000 PUT and 5200 CALL premium is down by another 3 points.

5100 CALL and PUT are down by 5 points today.

IV is very low, option writers can get trapped badly...one gap up or down...will kill them.

It makes more sense to buy options when VIX is low.... or even better, go for spreads....

 

[simple_trader]

IV is very low, option writers can get trapped badly...one gap up or down...will kill them.

It makes more sense to buy options when VIX is low.... or even better, go for spreads....

Thank you. Yes Agree with you. but it is protected till 4940 and 5260. though position will be loss beyond 5150 5050 range.

May be, max risk free premium has evaporated already. it was 175-180 3-4 days back. now down to 150. probably will go down little more.

but no fresh trade.

 

[pkusingh]

Index -5,097 mkt may rebound with sl 5094