SniperScalper

#Nifty option trading on @gocharting using orderflow

[SniperScalper @SniperScalper9]

Are you a #Nifty Options trader? Join this whatsapp group to improve your trading for free! https://t.co/BV3wfdzDZ3

[SniperScalper @SniperScalper9]

@SwingWizardD @Am_Shai Options is not a long term game to play on EOD Participant wise OI data, it plays out occassionally but we do not have brains to link it to swing market moves. So focus on intraday OI change and who is on which side based on market move, trading will become a lot better.

[SniperScalper @SniperScalper9]

@SwingWizardD @Am_Shai The market moves against the crowd demand, If people are selling puts markets go down, if people are selling calls market will go up. Predicting/guessing what the crowd is doing is the market secret sauce. No analysis other than this can predict with more accuracy. Zero sum game.

[SniperScalper @SniperScalper9]

#Nifty's game today, Puts were loaded in the previous close and a gap down, Crowd reacted to the gapdown by selling calls hugely on 25100,25150 & 25200 Strikes. Calls change in OI was 3.4Cr vs 70 Lakh change on Put side. The call writers were forced to cover in #Nifty #Selfnote

[SniperScalper @SniperScalper9]

@gocharting @TradeStation Please enable a VPOC continuous step line similar to vwap on the charts, It's really helpful to have that on the option charts.

[SniperScalper @SniperScalper9]

I want to create a team of 10 traders who are looking for collaboration in option buying setups.

My Setup is based on OpenInterest+Orderflow.

Anyone interested can DM me for details.

[SniperScalper @SniperScalper9]

Crowd on that 19400CE are running home with this late spike.

[SniperScalper @SniperScalper9]

#Nifty

At this point 19350PE writers in full control.

19400CE writers looks overboarded can be crushed soon.

More odds of upside spike or a range bound move. Downmove doesn't look like a probable one for the moment until that crowd on 400CE is out.

[SniperScalper @SniperScalper9]

#Nifty

At this point 19350PE writers in full control.

19400CE writers looks overboarded can be crushed soon.

More odds of upside spike or a range bound move. Downmove doesn't look like a probable one for the moment until that crowd on 400CE is out.

[SniperScalper @SniperScalper9]

@abidsensibull @systemstrader1 *Comparision of OI Changes to historical averages in % terms to understand the level of interest from market participants

[SniperScalper @SniperScalper9]

@abidsensibull @systemstrader1 *Candlestick charts of Straddles/strangles or any combo of option prices and ability to plot indicators on such charts would be a great help to apply technical analysis on such combos

[SniperScalper @SniperScalper9]

#NIFTY

Highest premium to crush on 19500 Straddle

Market is in non-trend Mode as of now.

Nearest supply at 19576
Nearest demand at 19436

Market currently Favouring Sellers.

[SniperScalper @SniperScalper9]

Fresh buying in #bhartiairtel.

https://t.co/EMd7wLSr9M #Stocks #Cryptocurrency #Sensex #Nifty #Index #Bitcoin

[SniperScalper @SniperScalper9]

Touched 1750 levels today after the breakout! Now turn of #ICICIBANK as fresh breakout! Not as good as HDFCBK but still can run up 3-4% at-least, Invalidation on acceptance below 936

[SniperScalper @SniperScalper9]

A simple way of looking at orderflow on #HDFCBK
>Circled in green is the big buyer who entered per orderflow
>Rectangle is consolidation
>Arrow is breakout
https://t.co/NOr9LdpbX9 #Stocks #Cryptocurrency #Sensex #Nifty #Index #Bitcoin

[SniperScalper @SniperScalper9]

The breakout in #hdfcbank continues to reach 1680 today from breakout levels of 1610-1620

[SniperScalper @SniperScalper9]

A simple way of looking at orderflow on #HDFCBK
>Circled in green is the big buyer who entered per orderflow
>Rectangle is consolidation
>Arrow is breakout
https://t.co/NOr9LdpbX9 #Stocks #Cryptocurrency #Sensex #Nifty #Index #Bitcoin

[SniperScalper @SniperScalper9]

#NIFTY last 30 mins can see a drop, Invalidation on 18700PE break of 60-65 zone.

[SniperScalper @SniperScalper9]

As expected timepass day after opening move, Overall month end expiry positions at this point doesn't favour a neutral market, so a direction is iminent and looks to be bearish. Let's see what Mr Market has on it's mind. Over to Monday!

[SniperScalper @SniperScalper9]

Tricky from here Either Day turning to be a NO-TREND Friday or downtrend continuation into 18662F on break of 18729F, staying very cautious from here. Random moves might eat us. #NIFTY

[SniperScalper @SniperScalper9]

Tricky from here Either Day turning to be a NO-TREND Friday or downtrend continuation into 18662F on break of 18729F, staying very cautious from here. Random moves might eat us. #NIFTY

[SniperScalper @SniperScalper9]

@San7Sandeep Highest activity fresh money(OI) of today concentrated in this strike and market is not getting further supply nor demand at this point. No further supply usually calls for test of highs.

[SniperScalper @SniperScalper9]

Got saved! Dead now

[SniperScalper @SniperScalper9]

#NIFTY 17700CE writers be careful, Someone is coming for you.

[SniperScalper @SniperScalper9]

@San7Sandeep Needs accept above 105