Option Buy Recomendations

[ghosh_ak34]

Re: A novice seeking help

Hello Ghosh Sir,

I went through your first thread to understand your reccos. Considering this week's strategy as "buy as per trend", can you tell me if the formula of 20pts up or down for the day's opening still hold good for Nifty? Or is there any change in formula considering the Nifty is halved since the first post of this thread?

Also, can someone help me with the "buy as per trend" strategy, considering today's NIFTY chart?
I noted down the following values of Nifty:

10:00 2838
10:30 2830
12:30 2841
15:00 2863

Regards,
bhalla

Dear Bhalla,

Please note there is no change in 20 pts strategy.

Read all the post from the start to understand the concepts and answers to your query.

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 are as under:

Resistence at 2810
Support at 2745

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,

It seems Dow is unhappy with Obama's speech. After all nobody can do magic one day. It will take some time to come out of this financial crisis or mess. So, we might expect a bearish move in Nifty tomorrow.

Regards

 

[mayavi99]

Very good news Sir. I am holding 2 lots of 2800PE (feb) @ 175. Yesterday I decided not to book profit. Hope to get a better offer today.

 

[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 are as under:

Resistence at 2832
Support at 2718

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 more pain is left in market. But I feel that tomorrow we might see a technical pull back anytime. So, those of you, who are short may book partial profits atleast tomorrow.

Regards

 

[bhallaji]

Re: A novice seeking help

Dear Bhalla,

Please note there is no change in 20 pts strategy.

Read all the post from the start to understand the concepts and answers to your query.

Regards

Hello Ghosh Sir,

I went through the first 25 pages of the thread(I shall continue to browse through the rest). But most of the pages have people asking you what strategy to follow and your recommendations for stock options. Request you to direct me to a page from your thread that would help me understand the strategy better. Even better would be if you could give an example of more recent times(today-yesterday-day before). It would help a long way to newbies like me.

Thanks in advance..

regards,
bhalla

 

[optionstrader]

Hi Ghosh Sir,

I exited LT at 700.

I have niftybees at 277...kindly guide for the support, ressistance & Stop Loss for it.

Or shall i buy more to average. If yes , at what levels.

Kindly guide.

Awaiting your response,
Optionstrader

 

[srichakra]

Re: A novice seeking help

I fully agree. I tried many times but still not sure that I understood. If there is someone, who has understood this concept for options trading and are willing to post for few days with actual exaples, it would help. I am not comapring, but many in this forum understood the saints pivot trading because teh results were posted by soem traders on a daily basis.
I hope some one will take the initiative and guide the members about this straegy for a week or so.

 

[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 are as under:

Resistence at 2714
Support at 2650

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 to move down after poor RIL results.Keep booking profits at regular intervals in your short positions.

Regards

 

[ghosh_ak34]

Re: A novice seeking help

I fully agree. I tried many times but still not sure that I understood. If there is someone, who has understood this concept for options trading and are willing to post for few days with actual exaples, it would help. I am not comapring, but many in this forum understood the saints pivot trading because teh results were posted by soem traders on a daily basis.
I hope some one will take the initiative and guide the members about this straegy for a week or so.

Dear srichakra,

Please read post starting from 35 to 45 atleast to get a feel of it. Some traderji members have posted paper trades in .pdf form.

Regards