Option Buy Recomendations

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ghosh_ak34

Well-Known Member
Dear Friends,

For Nifty Future (July Series) 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 4392
Support at 4301

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 strategy posted in 1st post of this thread.

Regards
 

ghosh_ak34

Well-Known Member
Dear Friends,

For Nifty Future (July Series) traders who would like to trade as per trend check strategy posted in 1st post of the thread, Nifty levels for Monday are as under:

Resistence at 4512
Support at 4361

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 strategy posted in 1st post of this thread.

Regards
 

WOD

Well-Known Member
Thinking abot the 4400 straddle bought on friday, I had a thought coming in my mind.

I think complete budget speech will end only after 12 PM and after 12 drama will begin. So why didn't we put a stop loss order on both of the option at around 11 PM and reverse our trade on stop loss hit option. This way our loss on loosing trade will be limited; as well we could double our winning trade at descent point of time on B day.

Ghoshg, please comment on my strategy; as I am not experienced enough I can not think of possible drawbacks.

Thanks.
 

ghosh_ak34

Well-Known Member
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 4375
Support at 3942

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 strategy posted in 1st post of this thread.

Regards
 
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