Option Buy Recomendations

[anjubhatia]

ghosh sir, i hv r com ca aug 500 @29, wat i can expect with time frame, wat shud be my sl?
satyam ca 380 aug at 29, tgt with time frame and sl.
thanks in advance

 

[vishveshchauhan]

Hello Goshji,


I have bought Aug Nifty CE of 4500 at 95 RS today, how feasible it is. Please guide

 

[ghosh_ak34]

I assume S1 and R1 here are daily support and resistance . Is that Correct ?

Or Does it mean that we have to buy 4500 put ( weekly R1 ) and 4000 call ( Weekly S1) ?

Naresh

Hi Nareshch,

Yes, R1 and S1 are weekly resistence and supports. So, buy calls at 4000 and pust at 4500 as per strategy stated earlier.

Regards

 

[ghosh_ak34]

Hello Goshji,


I have bought Aug Nifty CE of 4500 at 95 RS today, how feasible it is. Please guide

Dear Vishveshchauhan,

I think you can hold this with a SL = 67 Rs (max) i.e. 30% of your buy price.

Avoid buying calls at R1 unless you are very sure of the uptrend.

Regards

 

[ghosh_ak34]

ghosh sir, i hv r com ca aug 500 @29, wat i can expect with time frame, wat shud be my sl?
satyam ca 380 aug at 29, tgt with time frame and sl.
thanks in advance

Dear AnjuBhatia,

Hold RCOM call with a SL = 25 (max). RCOM Target around 36. Looks okay on charts.

Satyam looks weak so exit the call. I could not see any liquidity in it.

Regards

 

[vishveshchauhan]

Vinodji,

What is the R1 Level currently. and whats ur recommendation for nifty option.

Vishvesh

 

[tradengrow]

Dear Ghosh sir,

This is an excellent thread! Thanks for helping us. I am following this thread silently and found this very useful.

--Anil

 

[tradengrow]

Dear Ghosh Sir,

Today Nifty didn't traded either 20 pts up or down by 10:45 AM. So, according to your strategy we should not trade correct.

--Anil

 

[ghosh_ak34]

Dear Ghosh Sir,

Today Nifty didn't traded either 20 pts up or down by 10:45 AM. So, according to your strategy we should not trade correct.

--Anil

Dear Anil,

Yes, according to stated strategy we will not initiate any trade unless Nifty shows a trend up with 20pts or trend down with 20 pts.
Watch the trend first before you take any trade.

Regards

 

[kvram]

Thank you sir for replying promptly.