Option Buy Recomendations

[ghosh_ak34]

Dear friends,

I am new to this traderji site and i am doing trading in Option since last 3 months.It did not become fruitful for me till date and lost half capital what i had invested initially.

After reading these threads ,i got very gud knowlegde about derivatives(A special Thanks to Ghosh Sir for Intial thread)

My query is How Volume and Open interest is co-relate for particular Strick price(weathe it call or Put).

Do volume and open interest is vital to decide movement direction of Nifty/stock movement

Dear Trunals,

This has been nicely answered by one of our traderji member:

http://www.traderji.com/technical-analysis/227-understanding-volume-open-interest.html

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 5600
Support at 5490

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 5540
Support at 5420

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 5580
Support at 5490

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 5590
Support at 5475

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

 

[umamaheswaranp]

Hello ghosh_ak34,

how did you arrive Resistance at 5590 and Support at 5475? for me it says R1 as 5609 and S1 as 5437, kindly help on where am i going wrong.

I have take below nifty future data to calculate:

from monday march 7th to yesterday(mar 9th) high = 5572, low = 5400.25 and close (yesterday) = 5541.80

 

[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 5542
Support at 5475

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]

Hello ghosh_ak34,

how did you arrive Resistance at 5590 and Support at 5475? for me it says R1 as 5609 and S1 as 5437, kindly help on where am i going wrong.

I have take below nifty future data to calculate:

from monday march 7th to yesterday(mar 9th) high = 5572, low = 5400.25 and close (yesterday) = 5541.80

Dear umamaheswaranp,

I have answered this earlier multiple times. Please take some pain to go thru these posts. One can never learn w/o taking pains.

Regards

 

[b_option]

Dear Gosh Sir,
I am new to this thread. please have view on following trade.

NIFTY -Mar-5600-CE- 100 Qty at avg. price of Rs. 90/- and

NIFTY -Mar-5600-CE- 450 Qty at avg. price of Rs. 55/-

Should I wait for profit booking.
Is it possible that this call will go up to my buying price.
I am asking this because expery is comming close.

Please correct me if I am wrong.

 

[umamaheswaranp]

dear ghosh_ak34,

Thanks for your reply, i will go through your post completly and get back to you (if any doubts).