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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

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...

Dear Vijay, Thanks for all your appreciations. This strategy is only for Nifty options. Happy trading. Regards

Dear Trader999, Nifty seems bearish next week. Maintain a strict SL= 90 for the 4300 call and buy 2 puts at 4500. Regards

Dear Trillian, Your thought was correct, the R1 and S1 for trade next week is 4500 and 4100 only, the nearest 100. Calculated R1 = 4457.333 and S1 = 4099.333. Regards

Dear Swing_trader, You can check the Nifty Spot prices at yah00 or icharts. Modays open is week open and Fridays close is weeks close. Regards

Dear Reii, Your calculations are correct. This week we got R1~S1=358 (<400). Which is within the 300-400 range. The trend seems bearish. So, buy atleast 2 puts at R1 and buy atleast 1 call at S1 to hedge your positions by EOD. Keep checking the trends at 10:30-1045AM, 12:30 and 3:00 PM to...

Dear Trillian, SL means that any price below or equal to that says an exit. So, you should have exited the call @4200. Regards

Dear rahul1983, You can hold them with SL=30% or try to exit and try to avoid this in future. Regards

Dear Trillian, Your trade for the day is correct. Regards

Dear Trillian, Yes, preferred time frames are 10:30 -10:45 AM, 12:30 and 3:00 PM, one can choose their own as well. Well hold your 4500PE with trailing SL=10% when in profit or book profit. If at 11:30 AM Nifty is up +25 then, buy call at S1 (4200) and hold with SL=30% from your buy price...

Dear Trillian, NS opens @ 4485.15 10.45 -->4429 ------> -56 from open You bought put at R1=4500 correctly. 12.30 -->4449.65 -----> 20.65 from 10.45 Here you should have bought call at S1=4200 and have held 4500 PE with SL= 97.3, do not adject your SL. This is wrong strategy. 3.00 -->...

Dear Vasanth, The Nifty Spot Open price is incorrect it was 4535 instead. If you compare the price at 10:30AM(4526) to price at 12:30 AM(4543) then, the trend is 17 (less then, 20) so no trend has emerged. At 3:00 PM (4515) so, trend is down by 28 pts. (less then 20) so trend was -ve. Buy...

Dear Trillian/Vasanth, The Nifty spot is used to calculate the R1 and S1 as below: WH=4522, WL=4281, WC=4352 so 2WP =8770, R1=4489 ~ 4500, S1=4248~4200 and Diff=241. I took it 4200 (round off 4248 to nearest 100) based on this calculation. Well calculated S1 (4248) is almost at the middle...

Dear Nanda, S1 = 4300 is correct. I went for 4200 as S1 because I was more conservative this week. But normally, we follow round of to nearest 100 only. You have correctly hedged your positions so,no worries, tomorrow Nifty might open higher, you can book your profit and hold the put with...

Dear Dhinakar113, You can buy calls at R1 or puts at S1 if you are very sure of Nifty going up passing R1 or going down falling below S1 respectively. I have tested this strategy (posted in 1st post of this thread) positive, by buying calls at S1 and puts at R1, so I recommend the same...

Dear Trillian, You are correct. Regards

Dear Trillian, Yeah! S1 is 4200, I miss-typed it, thanks for pointing it out. I corrected the previous post accordingly. Regards

Dear Vasanth, Please read the 1st post of this thread, until we get -20pts or +20 pts as per strategy posted in 1st post we will not trade. Its possible that somedays we don't get any trend so we will not trade. Today we got the trend at 3:00 PM, down by more than 20pts from price at...

Dear tekkiesuresh, R1 and S1 will remain same for the next week irrespective of any movements and breakouts. According to my strategy moving out of sideways is considered when a trend remains in existence for more than 15days in succession. Regards