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Dear Srichakra, Your understanding is incorrect. Please re-read the 1st post of this thread. The levels that I give thats only for future traders and not for option traders. It seems I need to stop posting daily future sup. and res. from now onwards to avoid such confusions. Regards

Dear Moneydada, Please try to exit from 3050 CE. Nifty is in overall bearish mode, 3000 level is not going to be crosses in a hurry. Regards

Dear Sri, Below is the answers to your queries: I Read the post no 1 and few questions that I have on it and would like you to clarify at your convenienttime. 1. When you say weeks high low and close, do we take last week numbers for current week. Ans: I take last weeks data starting...

Dear All, Today was a good day for Nifty traders. For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of this thread, Nifty levels for 5th Dec. 2008 (Friday) are as under: Resistence at 2840 Support at 2750 If you go short 1 lot then...

Dear Friends, For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of this thread, Nifty levels for 4th Dec. 2008 (Thursday) are as under: Resistence at 2675 Support at 2610 If you go short 1 lot then, buy 1 lot at money or near money call...

Dear All, For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of this thread, Nifty levels for 3rd Dec. 2008 (Wednesday) are as under: Resistence at 2680 Support at 2600 If you go short 1 lot then, buy 1 lot at money or near money call...

Dear All, For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of this thread, Nifty levels for 2nd Dec. 2008 (Tuesday) are as under: Resistence at 2727 Support at 2630 If you go short 1 lot then, buy 1 lot at money or near money call and...

Dear Miltu, You can refer to any option calculator to calculate the risk of writing both call and put at the same strike price and to learn about how options work please refer to 888options dot com or traderji itself. Regars

Dear Tomdickpary, An option is at-the-money if the strike price of the option equals the market price of the underlying security For example, if XYZ stock is trading at 75, then the XYZ 75 option is at-the-money. You can essentially think of this as the break-even point (when you don't...

Dear Mitu.roy, The risk is unlimited, if you do this w/o any technical analysis. Use option calculator to calculate the profit/loss from it. Don't assume and trade. Its very risky and may end up in losses. Though you may be lucky sometimes but not always. Regards

Dear Pkamalesh, I have always reco. to avoid strangles. Try to exit this strangle and trade as per option trading strategy stated in 1st post of this thread. Regards

Dear Friends, For the week starting Mon-Fri, R1=2800 and S1=2700. R1~S1 is outside the range [300,400) so will reco. to trade in options as per sideways strategy posted in the 1st floor. Nifty is still struggling to move upwards. Overall Nifty is still bearish. For Nifty futue traders...

Dear Terminator, Levels that I have given in my previous posts are for Nifty futures not for options. To trade in options will reco. to follow strategy posted in 1st post of this thread. To calculate the premiums at a particular level use options calculator. Regards

Dear Friends, Tomorrow we might see a up trend. Watch out for 2820 on upside and 2680 on lower side. If Nifty breaks above 2820 then, up trend might continue and likewise if Nifty breaks below 2680 Nifty will show down trend. Above is for Nifty Future traders only. Go long and short on...

Dear chhotemiyan, Thanks for your concern. Its okay to teach others but charging is not okay if they are teaching them my system. My system is free to all. Somebody from Chennai could check this out whether its my strategy or else. Regards

Dear Coolboy007, Today it will be uptrend. If you want to exit then, exit from both call and put writes. It seems tomorrow this rally will fizzle out so not to worry much if you do not exit today! Regards

Dear All, Today nifty has shown some strength at upper levels and it seems to continue tomorrow, those of you who are long w/o hedge suggest an exit tomorrow itself. Nifty is overall bearish so trade carefully on long side. Regards

Dear Mariti, Whatever you did was okay, so far you are following a definite strategy. Will reco. following strategy as its more save and requires lesser margin. Go long or short on Nifty as per trend check strategy posted in 1st post of this thread and buy at money put if long and buy...

Dear Pkamalesh, Though difficult to answer, it seems Nov. series will expire around 2700 - 2750 levels. Regards

Dear Pkamalesh, Rightly said, its possible. Nazeer try to exit on Monday itself. Regards