Option Buy Recomendations

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ghosh_ak34

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....
Dear Vijay,

See you can hold Nifty with 10 pts trailing SL and square off the put as its already 30% down. But remember not to carry naked Nifty next day.

If you plan to carry Nifty long Next day then buy another near money put, which is currenly 5600 put.

As Nifty moves ahead and put depreciates we come out of put and move on to next near money put in case we decide to hold Nifty long.

Logic is by EOD you should have the pair.

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 Monday are as under:

Resistance at 5700
Support at 5565

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
 
Last edited:

rrmhatre72

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 Monday are as under:

Resistance at 5700
Support at 5565

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
Hi Ghosh,

After so many days I am seeing range so wide. i.e. 135points bet S & R level.
Do you expect highly volitile session on Monday?
 

columbus

Well-Known Member
The Volatility Index is at its LOW ,so do not be greedy ,be cautious about
your OPEN positions.Correction is possible ,of course which is eluding the
market for about month or so.
 

DanPickUp

Well-Known Member
The Volatility Index is at its LOW ,so do not be greedy ,be cautious about
your OPEN positions.Correction is possible ,of course which is eluding the
market for about month or so.
Hi

In case you have Metastock as charting software, you may go now and check the expert adviser and go to Don Fischback.

Read about what he says when volatility is on his absolut low and then you will understand what our top man columbus means.

Take care

DanPickUp
 
Disclaimer:Novice Level
VIX is 15 something.
Here is what I notice. Market is bottoming out intra day basis. Happened at 5350, 547X ( I don't remember ) and now 5600(9-Sep). Chart for all 3 days was similar.
Bottoming out around 12:30-1:30 (with 'W' ). and then strong close.
next days were huge gains. It gained 97 points one day. (again i don't remember date, when it got to 5500, previous day was 547X day). Hope someone can provide dates for that.
I expect 5675 (conservative) closing tomorrow. Nifty should gain 90 -120 points from the bottom(5600). So, think NIFTY should touch 5690, before any bigger correction/consolidation.
VIX can be good but let me see if I can be good.
Whatever I know, I owe a lot to this forum(thread?? :p ).
 

rrmhatre72

Well-Known Member
Disclaimer:Novice Level
VIX is 15 something.
Here is what I notice. Market is bottoming out intra day basis. Happened at 5350, 547X ( I don't remember ) and now 5600(9-Sep). Chart for all 3 days was similar.
Bottoming out around 12:30-1:30 (with 'W' ). and then strong close.
next days were huge gains. It gained 97 points one day. (again i don't remember date, when it got to 5500, previous day was 547X day). Hope someone can provide dates for that.
I expect 5675 (conservative) closing tomorrow. Nifty should gain 90 -120 points from the bottom(5600). So, think NIFTY should touch 5690, before any bigger correction/consolidation.
VIX can be good but let me see if I can be good.
Whatever I know, I owe a lot to this forum(thread?? :p ).
Hi All,

Market is flying... Never thought that 5700 would get crossed so fast.... Can not imagine what will be top before correction... any guess?
 
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