Market Calls

Nifty Options Price Change Tracker

Rajandran R — Wed, 10 Mar 2010 20:53:05 PST

And Now we could track Price Vs Open Interest, Price Vs Open Interest Change Relationship easily. No need to read or listen to TV anymore. The picture of Open Interest, Open Interest Change, Price Change Tracker will tell you the actual happenings in the derivative market more over we could picturize the market mood easily with few observation. And all the tracker’s are merged under one single umbrella – Nifty OI Tracker

Nifty Open Interest Change Tracker

Rajandran R — Wed, 10 Mar 2010 13:49:57 PST

Hi Readers,
Here is an another simple OI Change Tracking Chart for you to give a more broader picture to understand what is happening in the Index Option market. Nifty Options OI Change tracker will track the change in open interest for a particular day. So that we can track either there is an unwinding of Open Interest or Addition of Open Interest in a particular strike prices. The above chart is the more recent one which shows that there is a strong addition of open Interest in 5000PE series
i.e more than 1,300,000 shares are added in open interest. Which shows that Put writers are more confident of the nifty levels 5000 as of now.
In the above chart Positive Values indicates OI Addition and negative values indicates unwinding of the position(it could be a long or short)

I had added few more OI Tracker’s for Reliance,DLF,Unitech,Suzlon all the above will be updated on EOD basis after market hours anytime between 4P.M-7P.M

List of Open Interest Tracker’s [EOD Auto Update]

Keep on Zooming my GANN Charts

Rajandran R — Wed, 10 Mar 2010 06:30:10 PST

On March 2 We had discussed about the two possibilities of Long term GANN chart. In that post i had observed 4800 as the long term support in first kind of long term GANN Chart and 5050 as a resistance in second kind of long term GANN Chart. As of now the market is confortably trading above 5100 for the past three days. So I prefer the Second Possibilites of Long term GANN Chart shown below.

Chart shown is an 1 Year IEOD 5 min chart of Nifty with GANN FAN indicator applied between the march 2009 low and Jan 2010 High

Zomming the GANN Charts to find the support

Zooming Again

Zooming much closer to identify supports

from the last zoomed charts of Nifty iam able to find that market is busy in holding that trend line. Iam just keeping my stop loss for all sort of long. Any day market closes below 5100 I need to reverse the postion to shorts as the long term suports are pointing towards 4260.

Want to know who is coppock?

Rajandran R — Tue, 09 Mar 2010 22:49:16 PST

Here are few list of posted Coppock Buy list filed in marketcalls earlier. You could see how coppock performs a long term play

Meanwhile if you are a long term coppock investor then this video is for you

Enjoy it!

Idea Guppy Countback Trailing Stop loss Charts

Rajandran R — Tue, 09 Mar 2010 16:03:09 PST

Stock CMP : Rs 61.8
Trailing EOD Stop Loss : Rs 60.8

Here the Buy call is to hold the stock until the Guppy Countback trailing stop loss holds. Trailing Stop loss will be actively monitored here. If possible charts will be posted here in this same thread as comments are image enabled.

To know more about the trading system follow this post
Guppy Count Back Trailing Stop Loss Trading System for Nifty – 02 Dec 2009

Sample Chart of Nifty Hourly Guppy Count back trading system which suggest a long trade only if nifty trades above 5120

Austral Coke – Scary Buy Signal

Rajandran R — Tue, 09 Mar 2010 14:36:18 PST

Stock CMP : Rs 9.2

NMA Charts of Austral coke shows only 5 trading signal for the past 10 month. And the more recently on March 7th Austral coke shows a buy signal with heavy volumes. Stock had rised more than 40% from it lows in last 3 trading sessions alone. Any risk takers without tracking news,fundamentals,without bothering about loss or gain until next sell signal ?

IEOD Database for Amibroker – 1 Year Data

Rajandran R — Mon, 08 Mar 2010 05:35:44 PST

Download NSE IEOD database for Amibroker for the starting 01 March 2009 to 06 March 2010

File Size : 180 MB

Steps to Setup the IEOD database
1) Download the database from the above mentioned link
2)Extract the Zip file and Save it to the folder c:\Program Files\Amibroker\
3)Open Amibroker
4)Select Open Database from the Menu Bar
5)Select the InvestBullsDB Folder from the folder c:\Program Files\Amibroker\

Bingo you are done!

One can further update the day to day IEOD Database from
http://investbulls.com/download.php?list.40

requires registration with investbulls prior to download the IEOD files

This video could be helpful to you to further update your database in Amibroker

Earning Profits with the Use of Non Directional Trading Strategies -2

narenmt — Sun, 07 Mar 2010 00:41:32 PST

Dear readers,
Here is the Video Recap of Earning Profits with the Use of Non Directional Trading Strategies -1

Let me clarify few things about options to help your trade options better.

Try to gain fundamentals knowledge of options, trading strategies, etc and after ensuring that you have complete knowledge start trading options. Never trade without learning completely about options.
Almost all option strategies involve some degree of risk, decide your risk level and then trade options. Please avoid taking naked option position such as sell call or sell put as they are too risky and involve unlimited risk.
Trading options as a directional bet can be a very complicated money making technique. Buy call or put if you are very sure about the direction of market as market always has surprises. For instance, NIFTY 5300 call was trading @Rs.114.8 in January when NIFTY was 5000 level, now the same call closed at @Rs.16 last week when NIFTY is at same 5000 level. Unlike stocks and futures, you do not need to just get the direction right but you also need to get the volatility and timing right. You may have made a directional forecast in January that NIFTY may touch 5000 in March, but wrong timing, time decay and volatility may turn your trade into loss.
There is no perfect trading strategy which will work in all time. Every market move requires one to use different option strategy. Here is a checklist on few strategies to be employed based on direction/volatility etc.

Outlook	Option strategy
Bullish	Buy call Sell put Bull spread Diagonal Spread
Bearish	Buy put Sell call Bear Spread Diagonal Spread
Neutral	Sell Straddle Sell strangle Long Butterfly Calendar Spread Covered call
Volatile	Buy Straddle Buy Strangle Short Butterfly

Option trading is not for those who wish to create wealth instantly. One needs to have good discipline, time management and proper preparation. It is not like stock trading where one can buy a stock and make profit IF STOCK GOES UP. Option trading involves more of proper risk management and making profit.
Although there is the chance to make a lot of money, you can lose everything in a heartbeat without proper preparation. This means that you need to create a perfect groundwork before trading options and be ready to review and modify your strategies and plans to work with whatever changes the market throws at you.
Trading options is different from trading in stocks future or investing in stocks. It is more like speculating and taking on a business risk with the hope of making a profit from the market fluctuations. If you are ready to take up minimal/pre-planned risk and understand that your trade may go wrong then options trading may be exactly the kind of wealth creation channel that you are looking for. Options trading can be a very rewarding investment if you are careful, CAUTIOUS and aware of everything going on around you. Please do make sure that you research the risks involved and always attempt to learn as much as you can to reduce the possibility of losing money.
Here is an example of NIFTY options trade as requested by Sandew using modified long butterfly:

Type	Strike	Expiration	Price
Short Put	5100	25-Mar-10	94.5
Short Call	5100	25-Mar-10	78.15
Long Put	4900	25-Mar-10	33
Long Call	5200	25-Mar-10	37.1

Max profit: 102.55, Max loss: 97.45, and Return if unchanged: 91.25.

Strategy Graph

(The option trade given in this post is provided for general education and information purposes and therefore should not be considered as recommendation by the author).

Narendar Rathod, Options strategist, www.AssuredGain.com

Idea : Long Term Breakout Stock

Rajandran R — Fri, 05 Mar 2010 13:43:44 PST

I have just two charts with me take a long term buy call in Idea. Lets have a look with the first one. First Chart is as usual my all time favorite long term Breakout GANN Chart of IDEA with long term supports available at Rs59-60 region. and ofcouse the next long term supports are available currently at Rs 108 which decreases with respect to time.

Twiggs Money Flow is one of my another favorite indicator for tracking long term breakout. Most of the time there is a long time breakout if the long term negative got broken. I had used 13 Week Twigg’s Money Flow indicator. As you seen from the weekly chart of IDEA you can see there is a divergence breakout in IDEA. Check how Twigg’s Provides a logical long term breakout here in this following post Twigg’s Breaks Long Term Resistance

Atlast, Here is the chart most of the regular reader of this blog would love. Yes its nma weekly buy signal generated this week for IDEA after closing above Rs61 Charts shown above

Change in Nifty OI Scenario

Rajandran R — Fri, 05 Mar 2010 02:07:37 PST

Change in Open Interest Scenario today. 5100 Calls having higher open interest builtup which inturn indicates heavy call writing in 5100. It is suggested to long nifty only if sustains above 5100

Market Calls

Nifty Options Price Change Tracker

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