Option Buy Recomendations

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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:

Resistance at 5500
Support at 5452

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

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:

Resistance at 5626
Support at 5530

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

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:

Resistance at 5620
Support at 5560

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
 

VJAY

Well-Known Member
Dear Vijay,

Its okay to hold position. But remember to have a suitable trailing SL so that you could book profits at regular intervals.

Today me might see some downtrend and start of some probs. here due to Euro.

Regards
Dear sir,
How we can handle trailing SL for in the profit trades...can you pls share some of the methods....:)
 

ghosh_ak34

Well-Known Member
Dear sir,
How we can handle trailing SL for in the profit trades...can you pls share some of the methods....:)
Dear Vijay,

One can use 10% trailing SL. Suppose price has moved to 100 from your buy price. Then, hold with 90 as trailing SL and if price moves further increase the trailing SL.

Or when put becomes 0.8 times buy price then, exit from both the positions.

I prefer above because you have a set (Nifty long + put buy).

Regards
 

VJAY

Well-Known Member
Dear sir.
Thanks for your guidance .....now book profit is better....hence put price down allmost 30% from buy price....its better to exit it when it down 20% from buying and hold nf position with trailing s/l of 10 points....

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