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Dear Maruti, Offcourse its for next month. As stated in my 1st post of this thread that after 20th of the month, its reco. to trade in the next month options only. Regards

Dear Friends, For the week starting Mon-Fri the R1=2900 and S1=2500 and the diff. between R1~S1 is within the range 300,400. So, we can trade as per Normal strategy. Trend is still bearish, so buy more no. of puts at R1=2900 and lesser no. of calls at S1=2500. We saw a technical bounce on...

Dear Dhinkar, Your calculations are correct. Regards

Dear Rahul1983, You can write 2900/3000 calls and hedge with 2400 put write. Currently Nifty is bearish so you could hedge with one put write against 2 call writes at 2900/3000 strike price. Regards

Dear Nandasn, Have added you in YM. I am a office goer so won't be able to guide you during office hours. Do paper trading 1st for 3 months in a row and if you are in profit for 3 months in a row then, only start real trade. Will not prefer sharing my weekly trades here so will not share the...

Dear Abhi, Thanks for adding me in your fan list. I personally do not prefer news based trading, I depend more on TA. And TA says Nifty bearish, so would prefer you to either exit on monday itself or hedge your position by shorting Nifty 1 lot if trend is down by 20pts at 10:30 AM from price...

Dear Friends, Many traders have asked me whether they could trade in Nifty futures using my strategy of "Trend Checking at stated intervals in 1st post of this thread". Yes, you could do so but its risky. Here is a way how you could do so. Suppose at 10:30 AM trend is up by 20pts so you...

Dear Kausik, YM means yah00 messenger. There are lots of stuff available in net and traderji regarding TA and software. You can refer to 888options dot com to learn about options and investopedia for understaning terminologies etc. I use icharts.in/charts.html for EOD analysis. Request you...

Dear Praveen, Request you to read the 1st post of this thread again. You are doing the reverse altogether. If at 10:30 trend shows >20, means its up trend so you need to buy a call at S1 not put at R1. and likewise at 12:30 if trend is <20 means you need to buy put at R1 as trend is down...

Dear All, For the week starting Mon-Fri R1= 3100 and S1=2700. R1~S1 is within range [300,400) so trade as per normal strategy stated in 1st post of this thread. You can buy more no. of puts than calls this week. Buy atleast 3-4 puts at R1 and atleast 1-2 calls at S1 as per "Trend Check...

Dear MARUTIMANE, Please read 1st post of this thread to undrstand the strategy. Please do not buy naked calls, always hedge your position before you call it a day. Regards

Dear Tomdickpary, Buy calls at S1 = 2800 and puts at R1 = 3200 as "Trend Check strategy" posted in 1st post of this thread. Buy more no. of puts (e.g. 3-4 lots of puts at 3200) if Nifty 2820 is broken and buy atleast 1 lot of call at S1 = 2800 to hedge the same before EOD. Regards

Dear Praveen, For you I will never reco. writing options or trading in futures. Will reco. you trade only in Nifty options using Nify trading strategy stated in the 1st post of this thread. Buy calls or puts no and never write or trade in futures. Keep trading as discussed, you will come...

Dear Parveen, Yeah! You are correct. You can earn with strangles more by selling them, and not by buying them. Regards

Dear Cheeku, If you have taken 3 puts at R1 = 3200 then ( when R1~S1 is within 300-400 range and trend is bearish ), buying one call will be sufficient. However, hedging could also be done depending on your budget / money management. Regards

Dear Ravibob007, You can hold on to Nifty 2900 put while keeping a watch at Nifty 2820. If it breaks below 2820 then, we might see another free fall till 2600 / 2500 or so. Regards

Dear Vagdwd, I think you should have hedged your positions. Will reco. to exit 2300 Put and buy a call at 2800 instead. Hold onto 2800 put. Keep total SL for this setup = Rs 5000 per lot (max) or 30% of the total cost. Do not enter into any trade before 10:30AM. Overall, will reco. to...

Dear Rahul, I have suggested some traders to write Nifty 2500 puts and 3500 calls and it worked for them. Now, since you are already into it, and with Nifty not suggesting any direction so better try an exit and buy calls S1=2800 and puts at R1=3200 as per strategy posted in 1st post. I...

Dear Dhinakr113, Your calculations are correct. Regards