NIFTY 24300 PE NOV EXP ABOVE 80 LOOKS A GOOD BUYNIFTY 24300 PE NOV MONTH EXP
NIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
The Nifty has been showing selling pressure at higher levels over the last 2-3 sessions. Today, if the Nifty 24300 PE sustains above 80 or reverses around 50, a buying opportunity can be considered.
The upside targets are 120 and 180, with a stop-loss set at 50 for trades initiated at this level.
Regards,
OptionsDaddy Research Team
Niftyoptionsbuying
NIFTY 24350 CE NOV EXP ABOVE 60 LOOKS A GOOD BUYNIFTY 24350 CE NOV MONTH EXP
NIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
The Nifty showed a strong bounce from lower levels yesterday. Today, if the Nifty 24350 CE sustains above 60, it presents a potential buying opportunity.
Alternatively, if it faces resistance around 60, retraces lower, and reverses between the 40 and 20 support levels, a buying opportunity can also be considered.
The upside targets are 90 and 140, with a stop-loss set at 40 for trade initiated at this level.
Regards,
OptionsDaddy Research Team
NIFTY Podcast 17 Sep 2024Today, only 1 trade was taken.
- Initially the market was sideways, as 5m candles closed both below and above Opening Price - 25409
- The OI data was positive, but 2 departments were Bullish, so after taking look at the closer look at the strikes 25400 and 25450, the Put Writers increased, which gave us confidence to take the trade.
- The risk to reward wasn't 1:1, instead the target was Thick line, and with 5 points buffer the target was 25441
Notes:
- In such sideways market, it would be better to take Short Selling Price Action strategy to aim for 1% target and 1% stoploss.
Nifty Levels & Option Data for 02/Dec/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Please find below NIFTY scorecard, PCR update & options statistics for your reference:
NIFTY IS UP BY 54 POINTS
Name Price Previous Day Change % Change
Nifty 18813 18758 54.15 0.29%
India VIX 13.36 13.81 -0.45 -3.24%
OPTION STATISTICS BASED ON 08/DEC/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 5609700, CE LTP: 49.15)
Max OI (Puts) 18800 (Open Interest: 3857750, PE LTP: 94)
PCR 1.01 (PCR is in sideways zone )
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Long Buildup, FAR OTM:Long Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Levels & Strategy for 15/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty is sideways after decent rally. FIIs/Big players have again turned the bearish and retail traders turned super bullish . Profit booking at higher level is going on. Retail traders should trade carefully near lifetime high amid several global issues. Retail traders should hedge their overnight positions without fail to protect their capital.
Please find below scorecard & options statistics. Options data & PCR is indicating sideways to mild bearish action. Big players have written ATM & OTM calls as well as puts. Long liquidation in ITM calls indicates that traders are not comfortable in carrying calls options. Option buyers should get into action only when market pick-up the momentum (breakout or breakdown) else theta decay in options will continue to hurt option buyers.
NIFTY SCORECARD DATED 14/NOV/2022
NIFTY IS DOWN BY -21 POINTS
Name Price Previous Day Change % Change
Nifty 18329 18350 -20.55 -0.11%
India VIX 14.91 14.41 0.51 3.51%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 8957850, CE LTP: 1.6)
Max OI (Puts) 18000 (Open Interest: 7582450, PE LTP: 11.9)
PCR 0.81 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Levels & Strategy for 14/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Today, Nifty performed really well. Nifty is slowly moving towards new lifetime high. FIIs/Big players have turned the bullish and retail trader turned super bearish (Why ?????). Profit booking at higher level is okay. Is Nifty looking all set to made new lifetime high. We should continue to look for buy on dips opportunities till Nifty changes it's trend.
Please find below Nifty Scorecard & options statistics. Options data clearly indicating new long positions buildup and short covering in calls and put writing at all levels. May God save retail traders. PLEASE UNDERSTAND THAT RETAIL TRADERS ARE MOSTLY BUYING OPTIONS AND BIG PLAYERS ARE MOSTLY SELLING OPTIONS. OPTION SELLERS, ALWAYS HAVE EDGE. THEREFORE, RETAIL TRADER SHOULD NEVER CARRY NAKED CALL OR PUT OPTIONS AND ALWAYS HEDGE THEIR OVERNIGHT POSITIONS IN FUTURE AS WELL AS OPTION CONTRACTS.
NIFTY SCORECARD DATED 11/NOV/2022
NIFTY IS UP BY 322 POINTS
Name Price Previous Day Change % Change
Nifty 18350 18028 321.50 1.78%
India VIX 14.41 15.57 -1.16 -7.47%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 9333750, CE LTP: 2.7)
Max OI (Puts) 18000 (Open Interest: 7720300, PE LTP: 16.8)
PCR 1.06 (PCR is in sideways to mild bullish zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Long Liquidation
Nifty Levels & Strategy for 10/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Today, Nifty's gap-up was sold and finally Nifty closed in red. Big players are buying in cash & adding bearish positions in F&O. Option data in Nifty indicating weakness. Traders should continue to book profit at higher levels and work with strict SL to get trapped into either direction. Today, US markets are trading in red. Shall we expect a little correction till 18K in Nifty????? What do you think?
NIFTY SCORECARD DATED 09/NOV/2022
NIFTY IS DOWN BY -46 POINTS
Name Price Previous Day Change % Change
Nifty 18157 18203 -45.80 -0.25%
India VIX 15.92 15.59 0.33 2.12%
OPTION STATISTICS BASED ON 10/NOV/2022 EXPIRY DATA
Max OI (Calls) 18300 (Open Interest: 10549250, CE LTP: 8.6)
Max OI (Puts) 18000 (Open Interest: 8995850, PE LTP: 15.75)
PCR 0.6 (PCR is in oversold zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Long Liquidation
Nifty Levels & Strategy for 03/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty closed in red due to heavy PL booking at higher level ahead of US Fed Reserve FOMC meeting (Nov1-2) outcome later tonight. Big players have taken bearish positions and retail traders took highly bullish positions. Tomorrow's move will be based on US Fed meeting outcome & RBI's meeting. Please find below scorecard and quick update about F&O positions, PCR & India VIX .
NIFTY SCORECARD DATED 02/NOV/2022
NIFTY IS DOWN BY -63 POINTS
Name Price Previous Day Change % Change
Nifty 18083 18145 -62.55 -0.34%
India VIX 16.66 16.13 0.53 3.30%
OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA
Max OI (Calls) 18400 (Open Interest: 7988650, CE LTP: 3.25)
Max OI (Puts) 18000 (Open Interest: 7574150, PE LTP: 47.25)
PCR 0.96 (PCR is in sideways to mild bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Short Covering, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Levels & Strategy for 02/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty closed in green. Bulls dominated today's trading session. Nifty trend is quite strong and looking to extend it's gain. Nifty is likely to remain sideways ahead of US FED hike & RBI's meeting/hike. US market indices are trading in red ahead of major event.
Overall, market breadth is quite positive. Is tomorrow's trading session, going to offer good opportunity to option writers????? Please find below scorecard and quick update about F&O positions, PCR & India VIX .
NIFTY SCORECARD DATED 01/NOV/2022
NIFTY IS UP BY 133 POINTS
Name Price Previous Day Change % Change
Nifty 18145 18012 133.20 0.74%
India VIX 16.13 15.80 0.33 2.07%
OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA
Max OI (Calls) 18400 (Open Interest: 6769950, CE LTP: 11.65)
Max OI (Puts) 18000 (Open Interest: 7642300, PE LTP: 34.5)
PCR 1.22 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Long Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Shall we look for buy on dips opportunities near major support levels????? Please share your thoughts.
Nifty Levels & Strategy for 01/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty sustained at higher level after initial gap up. We have observed superb buying strength. Nifty traded mostly above VWAP/13 & 20EMA only. Today, retailed traders were rewarded due to their overnight highly bullish stance. Retailed traders have now taken highly bearish stance for tomorrow's trade which is exactly opposite to what big players have done today. FIIs continued with heavy buying in cash as well as F&O. Is Nifty heading towards it's new lifetime high????? Is Nifty going to sustain at higher levels amid several global issues in coming days????? Please do share your thoughts.
Overall, market breadth is positive. It looks like any decent dip due to FOMC meeting/RBI's meeting & rate hike in first week of Nov is going to be a buying opportunity. Please find below scorecard and quick update about F&O positions, PCR & India VIX.
NIFTY SCORECARD DATED 31/OCT/2022
NIFTY IS UP BY 225 POINTS
Name Price Previous Day Change % Change
Nifty 18012 17787 225.40 1.27%
India VIX 15.80 15.92 -0.12 -0.75%
OPTION STATISTICS BASED ON 03/NOV/2022 EXPIRY DATA
Max OI (Calls) 18500 (Open Interest: 6240150, CE LTP: 2)
Max OI (Puts) 17800 (Open Interest: 5547750, PE LTP: 38.2)
PCR 1.23 (PCR is in buying Zone)
Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short Covering, FAR OTM:Short Buildup
Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
NiftyFutures Key Trading Levels for 28th Oct 2022Nifty Futures Key Trading Levels for 28th Oct 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 11th OCT 2022NiftyFutures Key Trading Levels for 11th OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 10th OCT 2022 #NiftyFutures Key Trading Levels for 10th OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Nifty Futures Key Trading Levels for 7th OCT 2022#Nifty Futures Key Trading Levels for 7th OCT 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyFutures Key Trading Levels for 29th Sept 2022 MonthlyExpiryNiftyFutures Key Trading Levels for 29th Sept 2022 Monthly Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Levels for 23rd Sept 2022NiftyFutures Key Trading Levels for 23rd Sept 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Levels for 22nd Sept 2022NiftyFutures Key Trading Levels for 22nd Sept 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyBank Futures Key Trading Levels for 19th Sept 2022 NiftyBank Futures Key Trading Levels for 19th Sept 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Levels for 16th Sept 2022NiftyFutures Key Trading Levels for 16th Sept 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Levels for 15th Sept 2022 ExpiryNiftyFutures Key Trading Levels for 15th Sept 2022 Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NifyFutures Key Trading Levels for 14th Sept 2022NiftyFutures Key Trading Levels for 14th Sept 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Levels for 13th Sept 2022NiftyFutures Key Trading Levels for 13th Sept 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyFutures Key Trading Levels for 9th Sept 2022NiftyFutures Key Trading Levels for 9th Sept 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
