Trade with Ajeet Singh

A Free trading Hub for fellow traders, updated fortnightly.

Option Action Tool




Option Greeks

In options trading, we use certain Greek alphabets when describing risks associated with various positions. They are delta, gamma, theta and Vega generally known as ‘Greeks’

Interactive Pay-Off Graph

Customers can specify strategies to obtain the pay-off which is indicated by a blue line. For each strategy you need to specify the strike price and premium. The pay-off graph will change dynamically based on option price change

Option Analytics

Analytics that enables users to quickly price changes in an option's price with respect to unit changes in Greek values via an intuitive point-and-click interface using put-call ratio, Option pain, Volatility smile and other proprietary tools to enrich your trading experience

Option Algos

Now using the tool you may pass the order to the trading system once you validate the pay-off using the ultra-powerful tool called Option Algos which is arriving soon

Download OptionAction Setup and Install it
Open OptionAction. It opens the registration page. Give your registration details and register. This will send you the activation key details to the registered email id.
Copy the activation key you received in your registered mail and paste it in the activation code box as shown below and press Activate
After successful license activation. It ask for user credentials. Enter the login credentials which you created during registration and press Login button.

Features
1)Neat and Cool Option Chain tool with Option Greeks, Implied Volatility, PCR Ratio (OI & Volume), Type and Search Symbols. It also computes total PCR ratio for the entire option expiry contracts or individual expiry contracts. By default it computes Total Put-Call Ratio for the entire expiry contracts.
2)Market Strategy is where one can build their option strategy either manually or with custom prebuilt templates (click on strategy button to get pre built templates). Once the strategy is built you can immediately analyze using strategy summary and payoff graph analyzer
3)OptionAction provides provision to compute and plot Option Pain. Option Pain, also known as Max Option Pain or Max Pain, is based on the theory that since most options buyers lose in options trading, the price of the underlying stock must be manipulated somehow to close during options expiration at a price that results in the most options contracts expiring out of the money
4)OptionAction comes with features like volatility cone, Volatility smile to understand which option strikes are cheaper/expensive when compared to the historical volatility
5)It also summarize the overall strategy with All in One Dashboard which gives you the bird eye view to the market condition and strategy overview.

FataFat Intraday Scanner




  • This is the Version 2.2 of The FataFat Stock Screener.
  • The First version of The Free FataFat Stock Screener was released in May 2016. Many new features have been updated to the screener since then.
  • This spreadsheet design is simple and logical, at the same time very productive for day-trading, if used correctly.
  • This FataFat Screener works on the Google Sheet Framework and is automatically updated every minute.
  • The Daily Scan Page is updated with today's OHLC data at 10pm and this scanner becomes ready for next days market analysis.
  • The Screening is done only during 9:12am to 4pm weekdays and all data on this Screener becomes irrelevant after market hours.
  • This is NOT a Trade Signal Generator. These Tools are ONLY useful if you have a trading strategy of your own.
  • Please use this google sheet on your own discretion and at your own risk.
  • No Compensation offered for any financial loss or emotional stress that you might incur from using these Trading tools..
  • Trading involves financial risk and is one of the easiest way to loose your money. Use these tools only after you have read and understood the risks involved.
  • To enable screen reader support, press Ctrl+Alt+Z To learn about keyboard shortcuts, press Ctrl+slash



    VIEW HERE





Gadbad Stock Screener






 How to use the gadbad Stock Screener ?

The gadbad stock screener displays 15 min time-frame with different color blocks.

This concept used here is simple as an abacus or lego blocks, that could help you improve your trading productivity.

The blocks are updated to the most recent 15min time-frame throughout the day, during the trading hours 9:30 AM to 3:30 PM.

LIGHT GREEN = PRICE increasing on a 15 min time-frame.

LIGHT RED = PRICE decreasing on a 15 min time-frame.

ORANGE = NEUTRAL.

DARK GREEN (Pro Version) = Increase in PRICE and creating NEW intraday HIGH's at the same time

DARK RED (Pro Version) = Decrease in PRICE and creating NEW intraday LOW's at the same time.





How does this work ?

The 3 colors on the gadbad screener, can identify continuous gain or loss and retracements of price on 15min time-frames.

Price action for the entire day. History and Present for the entire FnO stocksall at one place.

This information on this screener could help a daytrader find an informed daytrading opportunity.
To enable screen reader support, press Ctrl+Alt+Z To learn about keyboard shortcuts, press Ctrl+slash





This is similar to price heatmap's, this is the same old concept, is it not ?

The heatmap's we see has not evolved since its creation. The traditional heatmap's shows price action for the day and not the intraday pattern.

The gadbad, is a 3 dimensional tool which represent price momentum on a 15min time-frames. A time-frame ideal for day traders. At the same time the individual price action for the entire day.



VIEW



22 Aug 2017



LUPIN finding weekly support at 917
Stock once if breaks & holds below the level
Try to check 905 & 895
****************
DRREDDY has hammered at higher levels
Recent support at 1900……… Stock once if breaks 1900
We see selling pressure up to 1880-1865
******************
AJANTAPHARMA has broken recent low and closes below the level
Favor for bears…….. Can do shorts around 1155-1165
Down side supports 1125 & 1100……..
(Two year’s low was 1100)
Resistance at 1180
*****************
Today Nifty Future is expected to open Positive note
Likely to witness range bound session during the day
Today Nifty Future is facing resistance 9790-9810
Once if breaks 9810 and holds above the level……….
Finding next resistance at 9840….There after………… Try to move 9870
Today Nifty Future is consider supports 9745-9730
NF once if breaks 9730 and sustains below the level…….Try to check 9690
***********************




21 Aug 2017




Today Nifty Future is expected to open flattish note
Likely to witness selling pressure will be expected at higher levels!!
Today Nifty Future is facing resistance 9875-9900
Once if breaks 9900 and holds above the level……….
Finding next resistance 9940
Today Nifty Future is consider supports 9835-9815
Once if breaks 9815 and holds below the level……. 
Finding next support around 9775
*******************************
Today Banknifty Future is facing resistance 24140 & 24230
Once if breaks 24230 and holds above the level……… Try to check 24360
But stay caution at higher levels……..or Can go shorts at higher level!!
Today’s supports 24030 & 23950
Below 23950………… Next support around 23800
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YESBANK support at 1700-1705
Below the level…….. Selling pressure will see!!
**************************
HINDUNILVR has formed double top at 1210
Stock once if breaks 1210 and holds above the level
Rally will be expected up to 1223 1235
Support at 1193
****************************
BATAINDIA has shown strong strength after earnings report
Decline to go long……… Likes 673-680
Try to check 690 & 700…….. Ultimate Target 750
**************************
DRREDDY finding weekly support at 1970
Stock once if breaks & holds below the level
Try to check 1940 & 1920
*******************
updated daily at 9.10am

18 Aug 2017



 Today Nifty Future is expected to open gap down ahead of Global markets melted
Likly to witness selling pressure will be expected at higher levels!!
Today Nifty Future is facing resistance 9900-9925-9940
Above Three levels are very hurdle & crucial……..
If anyone shorts at higher levels………. 
Keep a stop of above levels!!
Today Nifty Future is consider supports 9870-9840
Once if breaks 9840 and holds below the level……… 
Finding next support around 9775
**********************************
Today Banknifty Future is facing resistance 24330-24400 and 24475
Can do shorts at higher levels……… 
and keep a stop of resistance levels!!
Today’s supports 24150 and 24040
Once if breaks 24040 and holds below the level……… 
Try to check 23840
*****************************
SBIN if rise sell likes…….. 283-285
Down side supports 275 272
Strong support around 270
***********************

17 Aug 2017





*********************************
Today Banknifty Future is facing resistance 24535-24630
Once if breaks 24630 and holds above the level……… Try to move 24750
Today’s supports 24335-24200………. Decline to go long!!
Don’t short at lower levels!!
*************************
INDUSINDBANK facing resistance at 1675
If crossover the level……… We see more strength!!
***********************





14 Aug 2017




Today Banknifty Future is facing resistance 24180-24260 levels
Once if breaks 24260 and holds above the level…….. Try to check 24350+
Today’s supports 24000 & 23880………. Major support around 23800!!
Are you risky buy at decline & keep stop of 23800 closing basis!!
******************************
SBIN has seen strong selling pressure after earning report
Stock finding strong support around 267-270….
Resistance 284-287
***************************
Today Nifty Future is expected to open Gap up ahead of Global effect!!
Likely to witness volatility will be expected during the Day!!
Today Nifty Future is facing resistance 9765-9793
Once if breaks 9793 and holds above the level………. 
Finding next resistance around 9840
Today’s supports 9710 & 9685
Below 9685…………We see more panic on the card!!
********************
I will trade in SUNPHARMA, BANKBARODA, HDIL
as I expect some action in them
************************

7 Aug 2017



Today Nifty Future is facing resistance 10120-10150 levels…….
Once if breaks 10150 and holds above the level………… 
Rally will be expected up to 10200++
Above levels are hurdle for Today’s trade!!
Today’s Nifty Future supports 10080-10050
Below 10050…….. Try to check 10015…… 
Decline to go longs with stop of support levels!!
************************
Today Banknifty Future is facing resistance 25030-25120 levels
If crossover 25120…….. 
Finding next resistance around 25275
Stay caution at higher levels!!
Today’s supports 24870 – 24775
**********************

4 Aug 2017





Now Banknifty Future is facing resistance 24900 and 24980
Above levels are hurdle for Today’s trade!!……. If crossover 24980
Then will try to check around 25150……. Don’t jump and buy!!
Today’s Supports 24750 and 24700……. Below 24750
Finding next support around 24600
************************
PNB if rise can do shorts
Down side supports 147 & 145
********************************
Today Nifty Future is expected to open flattish note
Likely to witness range bound session during the day!!
Today Nifty Future is facing Resistance 10060 & 10080 levels
Once if breaks 10080 and holds above the level…….. 
Finding next resistance 10115
Today Nifty Future is consider supports 10025 & 10000
Once if breaks 10000 and holds below the level………. 
Try to check 9970
Don’t panic @ lower levels……… 
Decline to go long with stop of supports
************************

3 Aug 2017


stock in news:


*******************************
Yesterday mint good money in BNF after rate cut 0.25
Today Banknifty Future is facing resistance 25200-25260
If crossover 25260……. Then we see 25375. 
But stay caution at higher levels!!
Today’s supports 25070 and 25000
Once if breaks 25000 and holds below 15 minutes……
Finding next support around 24850
*****************************
PNB below 160
Favor for bears…… will test 154 & 152
***************************
AXISBANK many times written selling zone 520-530
Go short above levels………. Supports 500-490
***********************************

2 Aug 2017

Today I will apply MACD Charts on....





*************************************
Today volatility will be expected ahead of RBI Decision!!
If rate cut (0.25 bps ) Already discounted means rally already done!!
If rate cut (0.50 bps)…… Another rally will be expected
If unchanged…….. Profit booking & Panic selling will be expected!!
Today Bank Nifty Future is facing resistance 25200-25260 levels
If breaks 25260 and holds above the level………. Try to move 25350-25550
Today’s supports 25130-25075……… After policy if stays below 25075
Finding next support around 24800
*******************************
Today Nifty Future is expected to open flattish note
Likely to witness volatility will be expected during the day ahead of RBI Policy!!
Today Nifty Future is facing resistance 10150-10170 and 10190
Above Three levels are very hurdle for Today’s trade!!
After policy ( If rate cut)……if sustains above 10190…….. 
Big rally will be expected up to 10240
Today Nifty Future is consider supports 10125 and 10105
Once if breaks 10105 and holds below the level……. Try to check 10085
*****************************
** Updated daily at 9.10am



01 Aug 2017



Today Nifty Future is expected to open flattish note
Likely to witness up move from support levels!!
Today Nifty Future is facing resistance 10125 & 10145
Once if breaks 10145 and holds above the level……. 
Rally will be expected up to 10190
Today Nifty Future is consider supports 10080 – 10060
Below 10060 finding next support around 10030
Decline to go long with stop of supports!!
**********************
SBIN looks very hot above 305
Decline to go long…….
Rally will be expected up to 315 & 322
Still I will use Macd to decide trade
*************************
SRTRANSFIN has strong bounce back 
ahead of good earnings!!
Decline to go long………
Expected rally 1035-1050
Consider supports 1005 & 990
****************************
LUPIN has closes below recent low
Favor for bears……. can go shorts around 1035-1040
Down side supports 1010 & 995
Resistance at 1050
**************************
MOTHERSUMI near by breakout level
Breakout @ 329……. 
Stock once if breaks and holds above the level
Rally will be expected up to 334 & 337+
*************************


** Updated everyday when I trade, at 9.10am

24 July 2017

My Today's Choice:








21 July 2017

Today I will be Tracking....



INDIANBANK Today result day!!…… If all is well
We see 345 & 356…… Suppose if NPA increased
Try to check 322 & 310…… Better to trade after results!!
****************
CANBK has seen huge selling pressure on Yesterday’s trade
Favor for bears……… If rise can do shorts
Down side supports 345 & 340
*******************
MOTHERSUMI has formed double top at 328.50
Selling pressure seen at double top level
Once if breaks & holds above the level…… Favor for bulls!!
**********************
SRF consider support at 1500
Stock once if breaks & holds below the level
Fall will be expected up to 1485 -1470
************************



19 July 2017

Today I am expecting action in:




18 July 2017




Today Nifty Future is facing resistance 9930-9955
Above levels are hurdle for Today’s trade!!…..
Suppose NF once if breaks 9955 and holds above the level……… 
Try to check 9980 & 10020
Today Nifty Future is consider supports 9910-9890
Below 9890……… Finding next support around 9855
Decline to go long!!!
*********************************
KTKBANK below 158…… Problem for bulls
Next supports  155 & 153
**************************
Big news came on ITC………
Yesterday fell 3.6% (Insider traded ??)
Today fall will be expected
Down side supports 320, 311 and 296
Rise to sell
*************************
HINDALCO facing strong resistance at 210.50
Stock once if breaks & holds above 210.50
Rally will be expected up to 215 218
Support at 207
************************
INFRATEL has shown strong strength
Stock once if breaks 422 and holds above the level
Try to move 427 432+
**********************





17 July 2017



This Week Nifty Future Trend Decider 9960-9850
Today Nifty Future is expected to open Gap up likes 45 points at 9945 levels
Likely to witness up move continue during the Day…………
Countdown started to kiss 10000 Mark on Nifty…………
Today or Tomorrow will kiss ??
Nifty Future is facing resistance 9910-9935
Once if breaks 9935 and holds above the level………… 
Then try to 9960, 9990 and 10030
Today Nifty Future is consider supports 9895 and 9870
Decline to go long with stop of support levels!!
*************************
Today Banknifty Future is facing resistance 24040 & 24110 levels
If crossover 24110 and holds above the level…… Finding next resistance 24250+
Today’s supports 23910-23840
Decline to go long with stop of support levels!!
*********************
HINDPETRO has continued up trend & bulls have an upper hand!!
Stock once if breaks 392 and holds above the level
Finding next resistance 400 & 410 levels
Consider support at 381
***********************
GAIL has strong rally on last trading session
Favor for bulls……. Looks good around 386-390
Expected rally 397 and 403
Support at 382
**************************
MOTHERSUMI finding breakout at 328.50
If crossover the level………. Try  to move 335 338 levels
After broken 328.50……. Keep stop of 323
**************************

** Updated everyday when I trade, at 9.10am