Option Buy Recomendations

Status
Not open for further replies.

ghosh_ak34

Well-Known Member
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 3060
Support at 2780

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.

Nifty has started its down trend, credit for this goes to Satyam's fraudulent means to make profits.

Regards
 

ghosh_ak34

Well-Known Member
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 next trading session are as under:

Resistence at 2930
Support at 2811

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.

It seems, Nifty will continue its down trend on Monday. Results will start rolling in from Monday so trade accordingly.

Regards
 

ghosh_ak34

Well-Known Member
Dear Freinds,

For the week starting Mon-Fri, R1= 3100 and S1 = 2700. R1~S1 is within the [300,400) range so trade as per "How to check trend and buy options" posted in the 1st thread. So, you can buy more puts at R1 and lesser calls at S1 next week.

Personally I don't recommend any trade before any major events like Qtr results, repo rates cuts etc. So, will reco. you to see how market reacts to these events before taking any trade.

Regards
 

ghosh_ak34

Well-Known Member
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 are as under:

Resistence at 2818
Support at 2700

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.

Nifty seems to enter bearish zone again. There exists a crucial support at 2700 if broken then we might see Nifty touching levels below 2670 intraday.

Regards
 

ghosh_ak34

Well-Known Member
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 are as under:

Resistence at 2775
Support at 2670

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.

Nifty should break 2700 convincingly to enter into trouble zone. And from there we might see 2500/2600 soon.

Regards
 
HI Ghosh Sir,

I have been trying to contact you on *ahoo messenger for the past 1 week.

Anyway, i have reentered LT at 735. Kindly guide for the SL or if i need to average it.
Kindly guide by reading the charts if possible, the support & resistance levels for LT.

Awaiting your response,

Thanks & Regards,
Optionstrader
 

ghosh_ak34

Well-Known Member
HI Ghosh Sir,

I have been trying to contact you on *ahoo messenger for the past 1 week.

Anyway, i have reentered LT at 735. Kindly guide for the SL or if i need to average it.
Kindly guide by reading the charts if possible, the support & resistance levels for LT.

Awaiting your response,

Thanks & Regards,
Optionstrader
Dear Optionstrader,

Hold LT with SL=670. There is resistence at 771 and support at 670.

Regards
 

ghosh_ak34

Well-Known Member
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 are as under:

Resistence at 2850
Support at 2775

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.

Today Nifty has shown good move up and tomorrow we might see good profit booking.

Regards
 
Last edited:
Status
Not open for further replies.