Search results

Dear Naresh, I wanted to say that about buying calls at R1 and puts at S1 as its strangle. Buy calls at S1 and puts at R1. Follow the strategy stated below: If Nifty opens with gap up and remain above 20pts till 10:30AM - 10:45 AM buy calls at S1 with SL 20-30% from your buy price...

Dear Lalpar, Expiry is approaching so exit the 4350 put. Regards

Dear Nagendra_gb, You can buy RelCap OTM puts at 1250/1200 with SL=20-30% from your buy price. And you can also buy ONGC OTM puts at 950/900 with SL=20-30% from your buy price. But do not buy before 10:30 AM - 10:45 AM. Watch the trend/liquidity first before you take any position. Yes...

Hi Praveen, Thats the mistake many do in market. Avoid strangle. Buy calls at S1 and puts at R1 as per strategy stated earlier. Always maintain a strict SL = 20%-30%. Exit the loss making 4600 call and hold proft making call with a trailing SL=10% max. I will add you in YM. Regards

Dear Ravalsb, My TA says keep away from RCOM. Its giving no signals currently. Do not take any fresh postions in RCOM. Regards

Dear Praveen, No there is no need to wait for Nifty 4000/4100 to buy 4500/4600 calls. These are strike prices. When market opens on Monday buy next month's Nifty calls and puts at the strike price as per earlier stated strategy. To understand options please refer options study materials...

Dear Sumeets, ICICI looks bearish so, will recommend buy 650 strike price puts with SL=20-30%. Buy options for August only. Regards

Dear Grorich, Its Nifty strike price 4000/4100 (S1) where you are recomended to buy calls and buy puts at strike price4500/4600. So, there is no need to wait for these levels to reach. Request you to read the thread from start to understand the strategy. Buy these options for next month...

Dear Jace48, I hope you have enjoyed the party. Strategy for next week - buy Nifty calls at 4000/4100 and Nifty puts at 4500/4600 atleast. It seems market will remain sideways. If Nifty opens with gap up and remain above 20pts till 10:30AM - 10:45 AM buy calls at S1 with SL 20-30% from your...

Dear Jace48, Yes you are correct. Fibo was giving wrong figures. icharts also shows the correct ones. Thanks Jace48. So, R1~S1 >300. But still I will not recommend a trade next week. Atleast before 22nd because of an obvious reasons. Need to have a trend in place before we can take a...

Dear Rohanawale, Is it Nifty put or call. Anyways try to exit on Monday, normally its not recommended to have positions before a big event like this. Regards

Dear Jace48, My cals says R1~ S1 < 300 so, would not trade. Have not included Monday's data into my cals as there was not much movement either ways. Market, I think will remain sideways and volatile next week. 22nd will decide further course of action. Yeah! I am trying Fibotrader...

Dear Friends, Below are the calculations as per my strategy. Weeks High = 4111 Weeks Low = 3823 Weeks Close = 4092 2P = 2 * (4111+3823+4092)/3 = 8017.33333 R1 = 2P - L = 4194.33333 S1 = 2P - H = 3906.33333 R1 ~ S1 = 288 <300. So, would recommend not to trade next week according...

Dear AnjuBhatia, I hope you have made good profits in Ranbaxy 460 Call (closing at 31.25) and did an exit. Volume is very low so its preferred to make an exit after a profit. For Nifty options refer my stated strategy earlier. Always maintain a SL say 20-30% in options. In bearish...

Dear Priyank, The exit policy has been stated earlier in the thread as well. Here it is again for you : Well will reco. a SL = 20-30% from buy price. Exit the loss making call if call hits SL and hold profit making put with a trailing SL and vice versa. Buy options only after 10:30 AM...

Dear Friends, Nifty seems range bound 3900/4000 - 4100/4200. Buy calls at 3900/4000 and puts at 4100/4200. Regards

Dear Akpinku, Did some enquiry about brokerage and found that sharekhan offers a better deal than Indiabulls. They offer 0.25% for trading and 2.5% long term. STT and ST extra. Motilal Oswal also offers a good deal 0.30% for trading and 3% for long term. Hope this helps! Regards

Dear Akpinku, In some brokerage house, brokerage depends on turnover per month, if your monthly turn over is more, say few crores, you may get better deal. Then even Indiabulls could provide you 0.2% brokerage if you negotiate. Regards

Dear Gorich. I use Nifty spot to calculate the R1/S1. Use icharts.in/charts.html for spot Nifty calculations. Regards

Dear Praveen, Reco an exit from RIL and Nifty calls. Do not average in options. Better exit and look for another trade. Regards