Option Buy Recomendations

[swing_trader]

hi vijay,
read ur thread as u r starting from tomorrow so do keep in mind to maintain a strict sl and be disciplined in ur trade...

 

[ghosh_ak34]

Hai Ghosh,
I read this complete thread since couple of days and thanks for creating this wonderfull thread.I am going to paper trade from 2marrow as per your strategy.
I have one querry.How can we use same strategy in stock options.I hope you
would give me the reply.
Regards
VJAY

Dear Vijay,

Thanks for all your appreciations. This strategy is only for Nifty options.

Happy trading.

Regards

 

[VJAY]

hi vijay,
read ur thread as u r starting from tomorrow so do keep in mind to maintain a strict sl and be disciplined in ur trade...

Thanks for pointing mistake in my language .I am week in eng .Any way Mr.Ghosh not missunderstand it.Thanks ghosh for your prompt reply.

Regards
VJAY

 

[VJAY]

Trend is checked at 10:30 AM-10:45 AM with 20 pts up or down from Nifty openning price. Depending on this trend its recomended to buy Nifty call at S1
if (Opening price - price at 10:30 AM) >= 20pts. And its recomended to buy Nifty put at R1 if (Opening price - price at 10:30 AM) =< 20pts.

SL for both put and call price = 30% of your buy price.

Again after 2 hrs i.e. at 12:30 PM check the trend with respect to price at 10:30 AM.

if (Price at 10:30 AM - price at 12:30PM) =<20 pts buy puts at R1 or hold the profit making puts bought at 10:30 AM. SL = 30% from your buy price.

if (Price at 10:30 AM - price at 12:30PM) >=20 pts buy calls at S1 or hold the profit making call bought at 10:30 AM. SL = 30% from your buy price.



Hai Ghosh,
As per your strategy (abv statement) If opening price -price at 10.30 or 12/30 is in minus >20 or minus < 20 then how can we enter?If at 3.00-3.15 there is no change in price then can we carry forward these positions to next day?
Also suppose we entered buy call at 10.45 but when comes to 12.45 there come an indication(as per strategy)to buy put then what we do?(S/L not triggered).
i think it is an silly question for others but for me it is an doubt.
Thanks & Regards
VJAY

 

[ghosh_ak34]

Trend is checked at 10:30 AM-10:45 AM with 20 pts up or down from Nifty openning price. Depending on this trend its recomended to buy Nifty call at S1
if (Price at 10:30 AM - Opening price) >= 20pts. And its recomended to buy Nifty put at R1 if (Price at 10:30 AM - Opening price) =< 20pts.

SL for both put and call price = 30% of your buy price.

Again after 2 hrs i.e. at 12:30 PM check the trend with respect to price at 10:30 AM.

if (Price at 12:30PM - Price at 10:30 AM) =<20 pts buy puts at R1 or hold the profit making puts bought at 10:30 AM. SL = 30% from your buy price.

if (Price at 12:30PM - Price at 10:30 AM) >=20 pts buy calls at S1 or hold the profit making call bought at 10:30 AM. SL = 30% from your buy price.



Hai Ghosh,
As per your strategy (abv statement) If opening price -price at 10.30 or 12/30 is in minus >20 or minus < 20 then how can we enter?If at 3.00-3.15 there is no change in price then can we carry forward these positions to next day?
Also suppose we entered buy call at 10.45 but when comes to 12.45 there come an indication(as per strategy)to buy put then what we do?(S/L not triggered).
i think it is an silly question for others but for me it is an doubt.
Thanks & Regards
VJAY

Dear Vijay,

If at 10:45 you find (Opening price - price at 10:45 AM) neither greater than 20 nor less than 20, then, do not trade and wait for trade to emerge.

Likewise check for trend at 12:30 PM, 3:00 PM and trade if trend emerges.

Hold prevously bought position with SL=30% of your buy price.

Before calling it a day i.e. at 3:00 PM hedge your position.

Regards

 

[VJAY]

Dear Ghosh,
It means if open is 4400 and at 10.45 its 4450 then no trade(4400-4450= -50.
Its correct?
Regards
VJAY

 

[ghosh_ak34]

Dear Ghosh,
It means if open is 4400 and at 10.45 its 4450 then no trade(4400-4450= -50.
Its correct?
Regards
VJAY

Dear Vijay,

If price at 10:45 AM is greater than price at opening by 20 pts it means buy calls at S1 (4100) and else buy put at R1 (4500).

Regards

 

[VJAY]

Thanks a lot Ghosh.It is nice to see answering querries also without any personal gain.
Regards and God bless you
VJAY

 

[VJAY]

hai,
No posts since 7.30PM yesterday!!!!!!!!!!
VJAY

 

[awachat]

Hi All

I am uploding todays data with timestamps.

@ Ghosh Sir,

I have taken 4500 Put at 492 stop loss is to set 344. I need to buy call at 3 PM as market was up for 76 point after 12:45 ?