Option Buy Recomendations

[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

 

[pkamalesh]

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

dude never ever try to average and hope that it jumps...have a strict stop loss...or else our bank balance will become below avg..lolz

 

[ghosh_ak34]

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

Dear Optionstrader,

Niftybees has got support at 270 and resistence at 285. So, trade accordingly. Keep a SL at 270. Better don't average as more downside is expected, once 270 is broken.

Regards

 

[optionstrader]

Hi Ghosh Sir,

Thanks for the info on Niftybees.

Thanks & Regards,
Optionstrader

 

[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 27th Jan 2009 are as under:

Resistence at 2700
Support at 2615

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.

We might see a technical bounce back from support levels as many puts have been written at Nifty 2600.

Regards

 

[ghosh_ak34]

Dear Friends,

For the week starting Tue and Fri. R1=2800 and S1=2600 and R1~S1 is outside the range [300,400) so would reco. to trade as per sideways strategy as stated in the 1st post of this thread or do not thread at all.

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 2818
Support at 2720

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.

We might see some profit booking and Nifty to remain flat tomorrow.

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 2885
Support at 2827

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.

What a afternoon bounce it was today mainly dueto short covering. Will reco. to keep booking all your profits from long before you call it a day on daily basis. It seems Nifty will rise till fuel price cut announcement.

Regards

 

[sachuc]

what are total margin requirements for nifty butterfly ,ratio spreads ,condor,iron condor iron butterfly
which requires minimum margin and which one max
sach

 

[ghosh_ak34]

Dear Friends,

Good news - Petrol prices cut by Rs 5/litre, diesel prices cut by Rs 2/litre, LPG prices cut by Rs 25 per cylinder.

Regards