Option Buy Recomendations

[ghosh_ak34]

Ghosh sir i have short mininifty at 2970 and bought 3100 call at 88.20 and cover call at 105 now what should i do

Dear Mobweek,

Square off MiniNifty today itself and trade in MiniNifty as per trend check strategy posted in the 1st post of this thread.

Regards

 

[ghosh_ak34]

Dear Friends,

For the week starting Mon-Fri, R1=3100 and S1=2900, R1~S1 is outside the [300,400) range so trade as per sideways strategy posted in 1st post of this thread.

Next week Nifty will keep moving up till mid week and it might see start of downward trend by end of week i.e. Thurs/Fri.

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 Monday (Jan Series) are as under:

Resistence at 3115
Support at 2990

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.

Monday we might see a rally and some profit booking at higher levels or towards the end.

Regards

 

[Peekay]

I have taken positional call option of Tata Steel @ average 13.5, Any chances of improving in the next 2 to 3 days? Pl advice if to hold or square off.

rgds
suresh

 

[ghosh_ak34]

I have taken positional call option of Tata Steel @ average 13.5, Any chances of improving in the next 2 to 3 days? Pl advice if to hold or square off.

rgds
suresh

Dear Peekay,

Whats the strike price? Well, chart suggests TATA STEEL a hold. Its waiting for a breakout.

Regards

 

[ramesh innani]

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http://essentialsb4uinvest.blogspot....system_12.html
USE THIS CHART FOR TRADING.

 

[Peekay]

Thank you, the strike price is 240.


Suresh

 

[Peekay]

I have squared off the option (3 lots) at 18 today. Thank you for the advice

Rgds
Suresh

 

[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 (Jan Series) are as under:

Resistence at 3175
Support at 3070

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.

Nifty's upmove seems to continue tomorrow as well. However, we might see some resistence at higher levels.

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 (Jan Series) are as under:

Resistence at 3186
Support at 3065

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.

We might see the start of profit booking in Nifty. After 10th Jan, Qtr results will start rolling in so be careful and trade accodingly.

Regards