Karthiks Options Trading Strategy

[pakatil]

6200 PE......12.30 Bar 58.75, SL...54.05....Tgt....65.00

oh my......Hits WMA Low, Trade negated.....

 

[pakatil]

1.00 Bar......6200 CE........79.00, SL...73.80.....

Trade is on......

 

[anup]

1.00 Bar......6200 CE........79.00, SL...73.80.....

Trade is on......

what is target?

 

[pakatil]

Tgt can be.....86 - 87

 

[srichakra]

Hi, Kartick check this code and tell me for modification if any.

Hi
I tried plotting your code and also Abhi's code. Your signals are different than Abhi. I did check his code with Metastock and it seems fine. Check your coding

Thanks for the effort.

 

[pakatil]

1.00 Bar......6200 CE........79.00, SL...73.80.....

Trade is on......

Hit SL.....

 

[gargindia]

1.00 Bar......6200 CE........79.00, SL...73.80.....

Trade is on......

Can any one help me to understand this ??

how did you select 6200 CE?
in NSE website where i can see 6200 CE.

i am a new in the market so please describe in detail and with screen snap

i am sorry for this basic questions.

thanks

 

[VJAY]

Can any one help me to understand this ??

how did you select 6200 CE?
in NSE website where i can see 6200 CE.

i am a new in the market so please describe in detail and with screen snap

i am sorry for this basic questions.

thanks

Look nifty spot closing.....take near by options...ex.today closed @6203...so our strike is 6200
you can see it here ...http://www.nseindia.com/live_market/dynaContent/live_watch/option_chain/optionKeys.jsp?symbolCode=-10006&symbol=NIFTY&symbol=NIFTY&instrument=OPTIDX&date=-&segmentLink=17&segmentLink=17
and if you are newbie then don't jump into OPTIONS

 

[gargindia]

Look nifty spot closing.....take near by options...ex.today closed @6203...so our strike is 6200
you can see it here ...http://www.nseindia.com/live_market/dynaContent/live_watch/option_chain/optionKeys.jsp?symbolCode=-10006&symbol=NIFTY&symbol=NIFTY&instrument=OPTIDX&date=-&segmentLink=17&segmentLink=17
and if you are newbie then don't jump into OPTIONS

HI VJAY Sir

Thanks a loooooooot for your reply.
now i understand about strike clearly,

as you suggested as "a newbie don't jump in to options" in bold font, i am sure it mean something so i am going to consider your valuable suggestion.

now i need your guideline that from where to start???????

i am weighting for your reply eagerlyyyyyyyyy.
thanks for helping me.

 

[aviact96]

Hey garg,


I have registered in traderji very recently but used to read the forums in read only mode before.

In my View

1.)start with analysing threads which gives strategies . for example this thread by Karthik sri

2.)

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis

Learn from above on how to read and analyse.

3.) analyse and backtest manually the strategies.

4.) Do paper trading and refine them as per your trading style

http://www.nseindia.com/ChartApp/install/charts/mainpage.jsp
www.bazaartrend.com/nsecharts/intraday-free.php?symbol=NIFTY

The above link gives you charts to start with. If you earn some money , invest them in good software like amibroker which will simplify a bit .

Hope this helps.