Option Buy Recomendations

[bull's run]

dear ghosh sir,
i am new to this thread , you are geving support and resistance every day , i am confused

1> is it based on previous day's H-L-C, or some other calculation, coz my calculation is not matching with yours
2> you said in your previous post " R1~S1=300 to 400 this range is not for stock options "
have you tested any range for stock options,,,,, can you guid me for stock options strategy


thanks

 

[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 6350
Support at 6270

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 ghosh sir,
i am new to this thread , you are geving support and resistance every day , i am confused

1> is it based on previous day's H-L-C, or some other calculation, coz my calculation is not matching with yours
2> you said in your previous post " R1~S1=300 to 400 this range is not for stock options "
have you tested any range for stock options,,,,, can you guid me for stock options strategy


thanks

Please read this thread, have answered this question 2-3 times earlier.

Regards

 

[bull's run]

dear ghosh sir

really appreciate your reply but you can understand it a big thread , if you can give me the thread number
thanks anyway

 

[timepass]

dear ghosh sir

really appreciate your reply but you can understand it a big thread , if you can give me the thread number
thanks anyway

All the threads are long threads here :lol: .. what you can do is, in "thread tools", search the thread for posts by a particular user.. That's cut down the number of posts you have to read. Of course, you will miss the discussion on those posts, but still.. 'twill be useful.. happy reading.

Edit : use "search this thread" / advanced search / find posts by user option.

 

[bull's run]

All the threads are long threads here :lol: .. what you can do is, in "thread tools", search the thread for posts by a particular user.. That's cut down the number of posts you have to read. Of course, you will miss the discussion on those posts, but still.. 'twill be useful.. happy reading.

Edit : use "search this thread" / advanced search / find posts by user option.

thanks thanks for that help
good ppl here, very helpful:thumb:

 

[bull's run]

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 6350
Support at 6270

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 week
open ---6092
high ----6338
low -----6084
close ---6312

P = (6338+6084+6312)/3 = 6244

Resistance = 2*P-L = 6405
Support = 2*p - H = 6151

fryday
H = 6338
L = 6303
C = 6312

p = (6338+6303+6312)/3 = 6317
R1 = 6331
S1 = 6296
doesn't match

 

[bull's run]

dear ghosh sir
you saying ,, R1~S1<300 is most volatile and nifty is likely to move sideways , but i use bollinger band for reading volatility , i have seen when R1~S1 is bigger, BB spans (volatile)

if you plz explain
thanks

 

[trader_man]

How about selling Call 6500 30th Dec 2010 Expiry @ 106 on Monday? What do people think of this trade? It seems to me that market will go down in the next 1-1.5 months possibly 10%. So, this trade looks quite risk free. What do people think?

 

[nac]

How about selling Call 6500 30th Dec 2010 Expiry @ 106 on Monday? What do people think of this trade? It seems to me that market will go down in the next 1-1.5 months possibly 10%. So, this trade looks quite risk free. What do people think?

If you are sure, why you wanna limit your profit by writing call. Better buy put, no need to bother about time value when you are speculating that market will be down by 10%.