thanks for running very informative & unique thread. I have one suggestion. If you can consolidate your all entire strategies & put it on 1st post of this thread than it will be very helpful for new members like me to understand without searching entire thread.
Nifty is sideways again and R1~S1 < 300. So, would recomemnd to trade Nifty as per following strategy. Trade for Next month's Options after 20th Aug.:
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. Book profit if your target is achieved or buy puts at R1 around 3:00 PM-3:15 PM and hold call with a trailing SL of say 10%.
If Nifty opens with gap down and remain below 20pts till 10:30AM - 10:45 AM buy puts at R1 with SL 20-30% from your buy price. Book profit if your target is achieved or buy calls at R1 around 3:00 PM-3:15 PM and and hold put with a trailing SL of say 10%.
Nifty is sideways again and R1~S1 < 300. So, would recomemnd to trade Nifty as per following strategy. Trade for Next month's Options after 20th Aug.:
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. Book profit if your target is achieved or buy puts at R1 around 3:00 PM-3:15 PM and hold call with a trailing SL of say 10%.
If Nifty opens with gap down and remain below 20pts till 10:30AM - 10:45 AM buy puts at R1 with SL 20-30% from your buy price. Book profit if your target is achieved or buy calls at R1 around 3:00 PM-3:15 PM and and hold put with a trailing SL of say 10%.
Ghosh Sir,
Suppose Nifty spot opens gap up 100 points above cmp and settles at 20points above cmp at 10.30 - 10.45 .Should we buy call or put?
Similarly if Nifty spot opens gap down 100 points below cmp and settles at 20points below cmp at 10.30 - 10.45 .Should we buy call or put?
Kindly clarify this doubt Sir.
Ghosh Sir,
Suppose Nifty spot opens gap up 100 points above cmp and settles at 20points above cmp at 10.30 - 10.45 .Should we buy call or put?
Similarly if Nifty spot opens gap down 100 points below cmp and settles at 20points below cmp at 10.30 - 10.45 .Should we buy call or put?
Kindly clarify this doubt Sir.
As stated earlier, If Nifty spot opens gap up 100 pts and then. settles at 20 pts. means trend is negative. So, buy put at R1=4600 with SL=30% from buy price. And similarly, if Nifty spot opens down 100 pts and then, settles at 20pts, means trend is positive. So, buy call at S1 with SL=30%.