Re: Time to Stick my Neck Out ,Nifty 7300
Dear Vineet!
PLease do away with sir first. It's a title suitable for Saint, Uashish and such stalwarts only.
About options, I will suggest to wait for tomorrow. Rather I would suggest please wait for Budget to be passed as tomorrow will be very volatile.
Why to make a strategy based upon manipulative closes?
Now let's assume that price would have closed at these levels on a normal day then we would have devised a bullish strategy as it were a triangle breakout and pullback. One could have simply bought a call with today's low in underlying as stop. In case there is no pullback, one should create a bull spread.
Regards,
--Ashish
SIR
will u recommend any stetergy in option at this time ?
thanx
will u recommend any stetergy in option at this time ?
thanx
PLease do away with sir first. It's a title suitable for Saint, Uashish and such stalwarts only.
About options, I will suggest to wait for tomorrow. Rather I would suggest please wait for Budget to be passed as tomorrow will be very volatile.
Why to make a strategy based upon manipulative closes?
Now let's assume that price would have closed at these levels on a normal day then we would have devised a bullish strategy as it were a triangle breakout and pullback. One could have simply bought a call with today's low in underlying as stop. In case there is no pullback, one should create a bull spread.
Regards,
--Ashish