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 6250
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
 

columbus

Well-Known Member
Higher calls meaning what? Upto 6600 in the current series?

In my layman's opinion, since nifty has already seen 3 continuous good sessions and another one expected today, we are likely to see a technical downside on Tuesday. Crude / dollar combination will pause for a breather from its present momentum. We may see Nifty consolidation around the present levels (6250-6300).
 
what it means by buy put at R1 and buy call at S1???
"R" is resistance and "S" is support that is know , but when price has moved down, how can i buy put at R1,, sud i wait and buy
 
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