Option Buy Recomendations

[ghosh_ak34]

Thanks, but could u tell me where to keep the sl? i mean on the option price or the nifty spot price?

Dear Friend,

If the price of option that you bought goes below 180 then exit.

Regards

 

[ckrishna]

Agreed. Will be of excellent use to many of us.

 

[ghosh_ak34]

Dear Mr.Ghosh,
Yesterday i bought100 shares nifty 5600 call option @ 46 . Whats the market range next week?. Where i can book profit and place stop loss?.
Thanks in advance.,
RVRK

Dear Friend,

Its difficult to say the nifty range as its going to react on budget. It seems that the next weeks range could be 4900/5000 - 5300/5400. I think 5600 is not going to be breached in a hurry. If by 15th Mar. the 5400 is not breached then, exit or have a SL= 33.

Regards

 

[ghosh_ak34]

Dear ghosh sir,
i hv nagarjun fertilizer 60 [email protected].
wat to do wid that??
shud hold or book loss?? closing is 2.85
thanks

Dear Friend,

Currently, its having a strong resistence at 58 levels. Currently its under some selling pressure. So, exit.
Regards

 

[RVINOTHRAJAKUMAR]

Thank u Ghosh for ur valuable reply., May i buy one put option to hedge this. If yes , at which level and which one is best(4900or5000 put) ?
Thanks.,
RVRK

Dear Friend,

Its difficult to say the nifty range as its going to react on budget. It seems that the next weeks range could be 4900/5000 - 5300/5400. I think 5600 is not going to be reach in a hurry. If by 15th Mar. the 5400 is not breached then, exit or have a SL= 33.

Regards

 

[ghosh_ak34]

Thank u Ghosh for ur valuable reply., May i buy one put option to hedge this. If yes , at which level and which one is best(4900or5000 put) ?
Thanks.,
RVRK

Dear RVRK,

You can buy 5300/5400 Nifty Put.

Regards

 

[tulika]

do u recomend nagarjuna fert put strk price 50 at current lvls??

 

[ghosh_ak34]

do u recomend nagarjuna fert put strk price 50 at current lvls??

Yes, Tulika! that was the message. Hope you have not missed it.

Regards

 

[tulika]

Ghosh sir , do u recommend buying reliance industry calls to be bought tommorrow??/

 

[ghosh_ak34]

Ghosh sir , do u recommend buying reliance industry calls to be bought tommorrow??/

Tulika, RIL has not yet given any buy signal. So, wait for a while.

Regards