Option Buy Recomendations

[MARUTIMANE]

Thakns a lot. so I should take last traded price which is at 10 and 10.30 am for calculations.

 

[ghosh_ak34]

Dear Friends,

R1 = 3000 and S1 = 2800 for the week starting Mon-Friday. R1~S1 is outside the range (300,400] so would reco. to trade as per sideways strategy posted in the 1st post of this thread.

It seems there is another 100-150 points deep is expected from current levels before a technical rebound for a day or two.

Regards

 

[ghosh_ak34]

Dear Friends,

For Nifty Future traders who would like to trade as per trend check strategy posted in
1st post of the thread, Nifty levels for tomorrow (Jan Series) are as under:

Resistence at 2930
Support at 2818

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot
then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend check strategy posted in 1st post of this thread.

There is a crucial support at 2818, if broken intraday then, we might see a dip below 2800 Monday itself.

Regards

 

[praveen taneja]

Yes bro thats why Ghosh sir telling to hedge ur position with call or put to minimise the loss if there any

 

[subrata_ind]

Dear Friends,

R1 = 3000 and S1 = 2800 for the week starting Mon-Friday. R1~S1 is outside the range (300,400] so would reco. to trade as per sideways strategy posted in the 1st post of this thread.

It seems there is another 100-150 points deep is expected from current levels before a technical rebound for a day or two.

Regards

Sir,

Did you mean that after technical rebound market will go farther deep in January.

Subrata

 

[ghosh_ak34]

Sir,

Did you mean that after technical rebound market will go farther deep in January.

Subrata

Dear Subrata_ind,

Lets not assume that. Technically, Nifty has got good support at 2600, so we might see Nifty to struggle its movement up or down around that level. If Qtrly results come out more bad than expected or there is absence of fruitful govt's stimulous package then only we might see more pain in the market.

So, lets wait and watch.

Regards

 

[sumitro]

Bro sorry for telling instead of ghosh sir but ur ans is this
2973.40
-2966.00
..............
7.40
..............
which is less then 20 so u can trade according to the instructions on First page
Hope it can satisfy u If more wait for Ghosh sirs reply

Dear Sumitro,

Please re-read the 1st thread again and again to understand the strategy. Price at 10:00 AM is taken as opening price and calculations are done as stated by Praveen. Thanks Praven!

Regards

Thanks Praveen & Ghosh for being so helpful.

 

[ghosh_ak34]

Dear Friends,

For Nifty Future traders who would like to trade as per trend check strategy posted in
1st post of the thread, Nifty levels for tomorrow (Jan Series) are as under:

Resistence at 3000
Support at 2860

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot
then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend check strategy posted in 1st post of this thread.

Regards

 

[ghosh_ak34]

Dear Friends,

For Nifty Future traders who would like to trade as per trend check strategy posted in
1st post of the thread, Nifty levels for tomorrow (Jan Series) are as under:

Resistence at 3050
Support at 2910

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot
then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend check strategy posted in 1st post of this thread.

Regards

 

[vishvanath]

GOOD JOB BEING DONE BY Mr.GHOSH