Option Buy Recomendations

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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 5231
Support at 5172

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
1. How these levels Support/Resistance levels are calculated for the Inidex for any day? Are they mainly through the visual interprepation of the nifty Charts for a day.. or there is any verified n tested maths ard ?

2. Moreover, i would like to ask the expericed traders, how often these support/resistance claims for the followiong day works.. i mean, the trader gussed a R/S level and opened psotions accordinly.. how often the predictions of resistance./support is true to the market... it cant be always true for sure.. someone who has seen the market for 1-2 yrs can well share his views...
 

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 5200
Support at 5142

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
 

stockBond

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 5200
Support at 5142

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
Any views on Ispat industries?
Is this recent upmove expected to sustain?
Do u see December expiry above 22.5 (I have written 22.5 CA) ?
 
hi

there are tools to identy. u can also do this manually. for these tools search the goodle for pivot calculator. Emini master is a tools which gives pivot level R and S also it gives search google for 'Eminimaster_Pivotv1_0'. i use this it is quite good.


1. How these levels Support/Resistance levels are calculated for the Inidex for any day? Are they mainly through the visual interprepation of the nifty Charts for a day.. or there is any verified n tested maths ard ?

2. Moreover, i would like to ask the expericed traders, how often these support/resistance claims for the followiong day works.. i mean, the trader gussed a R/S level and opened psotions accordinly.. how often the predictions of resistance./support is true to the market... it cant be always true for sure.. someone who has seen the market for 1-2 yrs can well share his views...
 

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 5250
Support at 5195

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
 
Dear Susobhan,

From 4th Jan 2010, will consider opening at 9:00 AM instead of 10:00 AM. So, 1st trend check will start at 9:30 AM, followed by 10:30 etc as stated earlier.

Have updated the 1st post of this thread as well.

Regards
Thanks Sir.

Sir weekly range details
High Low Close
5221.85 5160.1 5201.05

Pp=5194.33

R1=5228.56
S1=5166.81

R1-S1=61.75(Sideways Trend)

Thnaks & regards
Susobhan
 
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