Option Buy Recomendations

[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:

Resistence at 2755
Support at 2675

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 will struggle to move either way.

Regards

 

[optionstrader]

Hi Ghosh Sir,

Thanks for the info on LT.

But It did not move much today, even the markets were up.

Kindly guide, what targets would you advice to book profits or exit early.

Kindly also guide for Reliance Infra.Can i enter in it now.
If not, then what lower levels would you guide to enter reliance infra.

Awaiting your response,

Thanks & Regards,
Optionstrader

 

[ghosh_ak34]

Hi Ghosh Sir,

Thanks for the info on LT.

But It did not move much today, even the markets were up.

Kindly guide, what targets would you advice to book profits or exit early.

Kindly also guide for Reliance Infra.Can i enter in it now.
If not, then what lower levels would you guide to enter reliance infra.

Awaiting your response,

Thanks & Regards,
Optionstrader

Dear Optiontrader,

Well LT is waiting for a breakout. It will not move in a hurry. In Rel. Infra. you can enter at around 500 levels.

Regards

 

[ghosh_ak34]

Sir can you suggest me too some good shares for trading .
I am new to stock market and ye t to know about good and bad shares
After that will watch there trend

Dear Lukky007,

For trading you can pick stocks from Nifty 50.

Regards

 

[an43]

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:

Resistence at 2755
Support at 2675

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 will struggle to move either way.

Regards

Hi!
I just joined today. I have bought NIFTY 2400PE, 2600PE,2700PE, 3100CE and Reliance Industries 1110PA, all January series. Seems great loss. Any suggestions you can make?
Thanks.

 

[ghosh_ak34]

Dear Friends,

For the week starting Mon-Fri. R1= 2900 and S1=2800. R1~S1 outside [300,400) so trade as per "trend check" strategy posted in 1st post of this thread.

It seems Nifty will remain range bound next week and a bearish mode is not rulled out.

Regards

 

[ghosh_ak34]

Hi!
I just joined today. I have bought NIFTY 2400PE, 2600PE,2700PE, 3100CE and Reliance Industries 1110PA, all January series. Seems great loss. Any suggestions you can make?
Thanks.

Dear an43,

I think you have not hedged properly. Will reco. to exit 2400 PE, 2600PE and buy call at 2800/2900. RIL - Hold with a SL= 30% from your buy price.

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:

Resistence at 2870
Support at 2765

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.

It seems we might see some rally till Obama's oath and fuel price dip. May be for another 2-3 days atleast.

Regards

 

[optionstrader]

Hi Ghosh Sir,

Thanks for the info on LT & Rel Infra.

Thanks & Regards,
Optionstrader

 

[ghosh_ak34]

Ghosh ji as you had adviced I am checking nifty shares Is it good level to enter RIL now?????

Dear lukky007,

I think you should wait for RIL results, market expection out of RIL is -ve. So, you might get a better price for an entry into it.

Regards