Tuesday, July 26, 2011

Desi MO (McClellan's oscillator for NSE) at EOD 26th July 2011


12 comments:

Anonymous said...

looking at us mkt open, it will go further down.....tom, we slide to 5500....

rm sir, can i buy 5400 pe at the open? ;-) i mean the mkt. may expire at 5400? or there is a major panic - even below that?

r m said...

@Janak

Sirjee mujhe sir bol kar sar pe na chadhao. :)

In my view the expiry is too close to buy deep out of money options. But market is supreme, it can do anything!

Anonymous said...

"deep out of money" - what is that? can't 5400pe be bought like 5500pe?

Anonymous said...

for eg - if today someone bought BN 11100PE when BNF was at 11400 - is it considered "D - O - O -M" option? i guess the calculation of profit will remain the same?

Anonymous said...

tom. i might buy a deep....10700PE BN....will it be good?

r m said...

@Janak

Spot Price 5575
Nearest Strike is 5600 (At the money)
next strike for PE is 5500 OTM
next strikes like 5400/5300 are deep out of money.

Normally one would not expect Nifty to move down 200 points more after already moving 100 points today. 5400PE will begin earning only below 5400 Nifty spot.

But if you are sure that the closing will be below 5400 then go ahead with your plan. :)

Anonymous said...

are kahan? i m just asking for a hypo. ex. - however, that 11000pe travelled from 27 to 120 today!!! matlab 700rs. ka 1 lot has gone to rs. 3000.....

Anonymous said...

*11100 july pe in BN*

Chivukula Krishnamohan said...

https://docs.google.com/document/d/1xxSo6-I02aOlzeyayRHBBoSLp9sEygshGIXQdfFBHMo/edit?hl=en_US

Friends, I have updated my EOD story.

r m said...

Good analysis kris, thanks!

Shai said...

Kris,

Good analysis.

More importanatly, you speak your mind on the way you see the markets irrespective of it being right or wrong.

That's the hall mark of a good trader who knows what he has to do in a market.You may go wrong sometimes, but it is not important, as long as you do not curb this natural flow.

Shai said...

RoadMap updated