Option Buy Recomendations

[ghosh_ak34]

Dear Mr. Ghosh

Today Nifty crossed 6100. What is your view on it. Is it overbought market.
Today i had short Suzlon as it increased 3+ %. Do you think it will fall on monday so my position will be profitable.

Thanks in Advance

AshPats

Dear AshPats,

Well Nifty has crossed 6100 and I won't surprised if it crosses 6300 by Dec. On one side quarterly results will act as busters and on another side with too many IPOs liquidity will be sucked from the market. So, rise may not be sharp as was earlier.

Suzlon is in oversold zone so it might bounce back. For the past 2 weeks its falling so it might struggle a bit to move ahead, but its risky proposition. As far as your trade goes, it seems you will get a chance to exit.

Regards

 

[$ashpats$]

Dear AshPats,

Well Nifty has crossed 6100 and I won't surprised if it crosses 6300 by Dec. On one side quarterly results will act as busters and on another side with too many IPOs liquidity will be sucked from the market. So, rise may not be sharp as was earlier.

Suzlon is in oversold zone so it might bounce back. For the past 2 weeks its falling so it might struggle a bit to move ahead, but its risky proposition. As far as your trade goes, it seems you will get a chance to exit.

Regards

Dear Mr. Ghosh
Thanks for your valuable suggestion. I will surely update on you Monday what I will make.


Thanks

AshPats :clapping:

 

[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:

Resistance at 6250
Support at 6100

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]

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6200CE BOUGHT..........

 

[$ashpats$]

Dear Mr. Ghosh
Thanks for your valuable suggestion. I will surely update on you Monday what I will make.


Thanks

AshPats :clapping:

Mr. Ghosh

It was bad day for me as Suzlon was on top of the NSE & I booked loss of 14k.
Suzlon was going strong which I mistakenly taken as otherside.
Sometimes estimation go wrong.

AshPats

 

[ghosh_ak34]

Mr. Ghosh

It was bad day for me as Suzlon was on top of the NSE & I booked loss of 14k.
Suzlon was going strong which I mistakenly taken as otherside.
Sometimes estimation go wrong.

AshPats

Truely said. Sorry to know about your loss.

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:

Resistance at 6220
Support at 6140

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,

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 6215
Support at 6130

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

 

[Bakul Shah]

Can anyone guide how to get the REAL LIVE OPTION quotes of Nifty future on excel sheet? I require this to correlate this data to Option equations like Black-Scholes etc. and to form the base for trading.

 

[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:

Resistance at 6250
Support at 6175

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