@ shriram, how is 6000 levels OI positioned now???
@ Chetna6000 PE OI is almost at 71 lacs while 6000 CE is very quite
6200 PE Premium is only 10-14 Rs.
i wanted to know the addition / covering wrt to previous post, Raman!! 6000 PE still being written..OI increasing steadily or not?
6000PE and 6100CE prices tending to cross over.
@ ITradeForProfit - Had ND sir breakdown happened below 6031?+
@ Chetna:OI wise, max adds @ 6000 PE, as of now..Stats wise, the 1Std Dev zone (68.2% chance) for NS bounce will be 5980-6020, with HiFreQ Mean @ 6000 NS ..
thank you, shrirram and thank you for the Ramky book ,,,it helped
Monday, February 3, 2014Nifty Pre-Market View.In sum, holding 6047, bounce continues into the res. zone of 6086-6115(&6141) andStaying below 6073-78, fall continues towards 6047 & lower...6015,6001,5971.====================================Held above 6047 at open, moved into 6073-78(6075) and moved towards 6047 & lower ....6015 (6019)
@PRAKASH BKCDear sir if we are in the 5wave..so where it will ends...in which wave now we are...
@ ITradeForProfit - Since you are following the strategy, i am asking you, Once breakdown has occurred below 6031 it gave sl @ today's high, then again price moved up to 6042. The screen back to normal saying buy zone & sell zoneCould you pl explain ?
@experts one doubt....last time we shorted JNSAR @ 24/1/2014. still open position... but january expiried. then how to hold our position?
@GV - you roll over. By this you cover your shorts & take new short position.
GV.. Rollover position to next means FEB SERIES (Means CLose JAN Position and Make Fresh Short Position in FEB SERIES)
@hari,ND Sir, will be in a better position to explain. The site is automated and hence the signals change as the prices change. ND Sir has clarified in the past that use these signals in conjunction with momentum indicators like ADX.
6000 PE about to cross 88...lets see
Premium at 39 points !
@ ITradeForProfit Thanks. If you able to get answer from ND sir, pl inform me by mailing to email@example.com. Thanks once again
ILLANGO SIRNIFTY SHORT HOLD FOR TOMARROW
addition in 6000 PE is at 2 million. Seriously high confidence in 6000 or what?
88 clap clap
Still cant understand such a huge addition in 6000 PE. Covered my shorts. Will look again for a good point to re-enter. Hope markets give me a chance.Any view from Option experts. What is interpretation of addition of 6000 PE OI with decrease in price.
Aah.. now, Holding 5980 NS, ideal time for a bounce 40-50pts..
Good buying or covering in Nifty futures (We can't see Nifty below 6000 again in this year?)
its too late now in the day to buy here.. guess best time to attempt longs will be tomo morning , if we open weak..Bye all !
@Shriram: Not sure if we can go long here.... Mkt closing below 6000 & that too when highest OI addition for 6000 PE (77 lac & this is the 2nd day of the series) ... does not seem to be the obvious... is this some bear trap to fool us all ...
6000PE is all buying side by Heavy weights. With every increase in OI there was increase in prices breaking all resistance. Serious Caution Advised.
@ Prabhat: the view is based on Stats... price action expands & contracts like a rubber band, once it starts trading > Dhi or < DLoEMATomo's ideal levels to go long will be once price makes a low such that Dev.DloEMA - Days Low > 50-70pts ; or we recoup 34WkEMA @ 6034... any one of these , for a hi-prob contra trade.