Option
NIFTY TRADE SET UP FOR FRIDAYNIFTY trade setup.
1.if the market opens flat - then i will be on the positive side and look for a buying opportunity.
2. Gap Up - if the market opens Gap up i will be marked 15-minute swing low and look for buy.
3. gap down:- if the market gap down then i will mark 30 min high of the market and from there we will sell ce option.
gerally after a huge gap up or gap down market trade-in range . in that scenario just mark 30 min low and high.
on the low side sell a put option and on the high side sell a call option. if range breaks exit from respective side and carries on with one trade.
NIFTY EXPIRY DAY TRADENIFTY EXPIRY DAY TRADE
the nifty range would be 11100 - 11400. I will look for sell on rising till the market sustains below 11350. i personally do scalping both the side. like today we made money although if i could stay longer we could have made more money. but nevertheless, its good to make a small profit then losing the money.
strategy
1.i have a trend line according to which i plan my trade and keep support and resistance in mind. tomorrow is market expiry so the market will give momentum both the side.
2. if the market opens the gap down below the trendline and does not break the first 5 min candle high will continue on the sell-side till 11183 with trail stop loss. if the market breaks 11183 and reaches 11150- 11108, will sell the put option.
3. if the market opens gap up but will not cross 11350 will sell 11400 ce with 30 point sl.
4.if market keeps trading in a range ...will mark high and low of the range and sell both ce and pe option. whichever side the market will move to carry the opposite position.
tomorrow is the bank hearing so bank nifty would be volatile ..keep watch on bank nifty as well.
NIFTY CHART ANALYSIS FOR OPTIONS TRADINGNIFTY is currently in a tight spot between 11250 and 11000 .
The increasing number of corona cases seems to have already been factored in and hence not causing any weakness to the index.
The huge rally from 10750 to 11200 in almost a weeks time has dried out now and nifty is now in a consolidation phase. From here onwards we can expect nifty to either touch 11500 in the coming week if the quarterly results of nifty heavyweights such as reliance and HDFC are good, otherwise nifty can also retest its support at 10880 if no good news lifts up nifty .
At the present moment we can sell nifty 11600 CE and 10800 PE for august first week expiry or the present expiry though premiums are vey low now to be on the safe side. Given a choice it is better to stick to 11600 or 11500 CE sell as this week and the coming week a lot of quarterly results are in line and the markets can be very volatile. Also Dow jones and NASDAQ has been seen correcting for the past two days.
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Nifty trading range for weekly expiry 18th JunMarkets opened with caution today, but gained ground through the day. in the second half though the banking stocks saw pressure and led to selling. Indices closed near the lower end of the trading range. Indicating caution.
Option data suggests a trading range of 9800 to 1000 for tomorrow. Bank Nifty seems to have a trading range of 19500 to 20500.
As usual lets see the opening of the market and global cues coming in for tomorrow morning.
For more details read the blog -
equitycompound2.blogspot.com
Data indicates weakness embedding in the markets.Data indicates weakness embedding in the markets.
Markets did see support coming in at 9726 levels. This would be an immediate support for the market. However, if retested, it may be vulnerable.
Similarly, BankNifty saw support coming in at 19740, this would be an immediate support as well. If market stabilizes tomorrow, BankNifty may outperform Nifty.
Lot depends on how US closes today. Will have to pick up morning cues.
Though as of now a close range of 19500 and 20500 is playing on BankNifty and a close range of 9700 to 9900 seems to be active on Nifty (However, remember the wider range of 9500 to 10000 and 19000 to 21000)
Nifty F&O data analysisNifty closed the day 313 points lower. Let us analyse the data for the day.
FIIs sold 16996 contracts in Index Futures worth 803.13 Cr
Futures data
Retail participants added 9.08K Long contracts & squared off 3.87K short contracts
FIIs squared off 1.05K Long contracts & added 15.94K Short contracts
Pro traders added 8.08K Long contracts & added 3K Short contracts
Call Option data
Retail participants bought 2.46 Lakh Call options & 1.54 Lakhs Calls were shorted by them
FIIs bought 10.3K Call options & 20.93K Calls were shorted by them
Pro traders bought 8K Call options & 87.90 K Calls were shorted by them
Put Option data
Retail participants bought 23.75K Puts and 22.69K Put Contracts were Shorted by them
FIIs bought 12.59K Puts & 12.24K Puts were Shorted by them
Pro traders bought 9.2K Puts & 11.61K Puts were Shorted by them.
All in all, Retail participants have gone aggressive on the Long side.
Net long in Futures having Long :: Short ratio of 1 :: 0.94
Net Long in Call options
Net Short in Put options
FIIs are Net Short Futures having Long :: Short ratio of 1 :: 2.58
Net neutral in Call options &
Net Long in Put Options
Pro traders are Net long in Futures having Long :: Short ratio of 1 :: 0.55
Net Short in Call option
Net neutral in Put option
With Overall PCR at 0.77 & SGX showing a bumper opening, will retail traders win the battle tomorrow?
Majority of Call activity happened at 9000 & 9200 Strike price
Important levels for Nifty on the upside 9105 / 9253 / 9307 / 9334
Important levels for Nifty that should be watched 8960 / 8905
Take care & safe trading…!!!
srtransfin levels & multiple cases i tried to plot possible trades for intraday and positional , importsnt level as per my marked
also possible cases
F&O data analysis & Nifty strategy for 16th April weekly expiryIn our previous post we had highlighted the importance of 8986-9027 level. That level is still being respected. Nifty has closed in the said range at 8993.
Let’s see what data has to say for the expiry week 16th April 2020.
FIIs sold 8.46K contracts worth 474.69 Cr.
FIIs booked profits and squared off 7489 Long Contracts and they added just 979 Short contracts.
Retail Clients added 5507 Long contracts and exited 11312 contracts from Short position.
Pro traders squared off 2226 Long contracts and added 4181 Short contracts.
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Option Data Analysis
On the Call option front FIIs bought 7318 Long Contracts and added 6010 Call Short Position.
Retail traders were again active in Call Options adding 1.06 Lakhs Long contracts and adding 89.3K Short contracts.
Pro traders bought 21.6K Call Long and also created fresh 40.50K Short Contracts.
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On the Put Option front, FIIs bought 8565 Put Long contracts and also added 5466 Put Short contracts.
Retail traders added 93.7K Put Long and created 85.2K Put Short contracts.
Pro traders have bought 23.9K Put Contracts and added 35.5K Put Short Contracts.
Prima facie, it looks like Retail traders are expecting a big move, although, are not sure in which direction. FIIs are still playing it light and Pro traders are playing for a range bound movement.
The broader range is 8500-9500. However, considering Tuesday is a holiday and looking at the activity there is a strong probability of expiry between 8788 on the lower side & 9185-9233 levels on the upper side.
So that's our view.
Aggressive traders may consider the following strategy
Sell Nifty 8800 Put option 16 April expiry
Price range: 100-120
& simultaneously
Sell Nifty 9200 Put option 16 April
Price range : 90-100
The strategy will have maximum profit potential of Rs 14250 – Rs 16500/-
In built loss protection for a fall up to 8610-8580 or for a rise up to 9390-9420 in Nifty levels on 16th April 2020.
Tomorrow being a holiday Will update further in this thread on Wednesday morning.
Keep watching... Do hit the Like button and comment below
Take care & safe trading…!!!
Nifty Short Idea: Everything Explained in the chartthis is my view on nifty for next week.
below EMA 50 and the 8500 support that we have if it breaks 7100 is the target for me .
follow the chart for all the price action .
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If you are not following me, you are missing big trades on BN.Bang On Labels:- BN 19th Feb’20 BNTrading on Telegram:-
The BN opened (Open:- 30661.5, High:- 30692.75, Low:- 30252.45, Close:-30,562.5) above our weekly support zone (30,521-30,630) and breached the support zone is first 10 mins, 3rd 5 min candle tried to enter and made a high of 30,522 and was never was able to enter the zone.
There was clear short below 30,521 and short was covered in the monthly support zone (30,300-30,320) around 12:30 PM. At 1:38 PM the price left the support zone for upside movement, we went long with SL of 30250 and kept on trailing the SL, the price touched the upper level of resistance zone 30,630 and closed.
Almost all the downsize and upside was captured by our traders in our group, trader' s made 2x to 5x profit in options.
The trend will change above 30,758 to positive and super bullish above the zone 31,113-31,185.
## Daily/Weekly/Monthly Resistance:- 31,467, 31650-31750 / 31905 (23.6% retracement of 32613 & 29612).
## Daily/Weekly/ Resistance / Supply Zone :- 31113-31183
## Tomorrow Resistance / Supply Zone :- 30946-31010
## Weekly Resistance:- 30521-31630
## PIVOT:- 30,362-30,454
## Weekly/ Monthly Support:- 30,250-30320.
There are two types of trades:- Range Trading and Breakout Trade.
1. Range Trade:- Buy/SELL in above or below Pivot Zone & GREEN Zones, SL is zone lower point, T 100 to 300 points/resistance zone.
2. Breakout Trade:- Once a pivot/zone is broken, keep SL as lower / upper end of the zone for next zone as the target or target 100 -300 points.
HDFC LIFE: Ready to move up again, or remain sideways & correct?HDFC LIFE: The trend has been dominant up, the stock has doubled in just eight months time. During thr the last couple of weeks, the stock has been into correction. Now taking rest at the kumo. The RSI is also bouncing from the bullish oversold extreme. MACD is into bullish zone, prices are trading below the ks line, a move above the KS line will re establish bulls into the stock, however if the stock falls into the kumo then, it may drift sideways and some deeper correction may be noticed.
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option call DISCLAIMER
All the views expresses here for Educational & Learning purpose only.
We may or may not have position in the stocks mentioned here.
option long call
EQUITAS LONG CALL 100CE @ 4.50
SL @ 2.50
TARGET @ 8.50
Expiry Strategy: Sell 2300 Put Aug at 16. Lot size: 250Price crossover above 200-EMA and 50-EMA signals that the trend in positive note. Expect the price to move upward in the coming days. Recent trough around 2500 level would lend necessary support in the coming days.
Expect the stock would expire above the support band of 2300 - 2400 levels for Aug series. Recommending option writers to sell 2300 Put Aug.
Expiry Strategy: Sell Jan 320 Put @ 2.25. Lot size: 2667Recent crossover above 200-EMA and stay above resistance (plz refer the resistance line in chart) would bring back the positive momentum in the stock. As well, MACD reiterates the same. Expect the stock would find it closing above 320 level for Jan expiry.
Expiry Strategy: Sell Dec 90 Call @ 0.5Moving average cross over confirms the continuity of bearish trend. As well, MACD signals that bulls would find very challenging to hold the high in near term. Expect it would stay below 90 level for Dec series. By considering the lesser liquidity, suggesting option investors to execute the order above 0.5