Option Buy Recomendations

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hi ghosh

i have learned alot from ur post... following with keen interest

doing trading hours is there any chat live / shourtbox... where v can chat..

mk:) :) :)
 

pkamalesh

Well-Known Member
Rahul,

Please remember that the liquidity will be low for Nov Series till this expiry of this month only.On the othere side,if you trade for October series,you are at very higher risk since the Out Of Money options going to be decayed fast compared to "In the Money" Options.

On other ways,the probability of making profit by this period is very less,since the market is so volatile.

Ghosh,

Correct me if i am wrong.

Reg
Vasanth
Hi are u vasant ganesh????
 
Hi are u vasant ganesh????
No.I am not.Please send a private message in case if you want to ask any question personally.Don't send a common message to the forum which will disturb others.

I found this thread very useful and i don't want to create any spam.

Thanks for your understanding.

Reg
Vasanth
 
Sirji,

R1 and S1 for next week ???

thanks
Rahul
 

ghosh_ak34

Well-Known Member
Dear Friends,

R1 = 3100 and S1= 2300 for week starting Mon-Fri. The R1 ~S1 diff. is wider than 300-400 pts so it will be better either not to trade or trade as per sideways strategy posted in 1st post of this thread. There is a major resistence at Nifty 3000 - 3025 levels , if crossed you might see some upward rally which may last for 2-3 days so trade with caution if you are intersted in doing so. Overall chart shows highly bearish trend.

Consider the last active level as S1 and if you do not see any liquidity then, do not trade.

Regards
 
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ghosh_ak34

Well-Known Member
sir,today nifty open gap down -78 point. so decide use sideways strategy . nifty was [email protected] and after fifteen minutes @10.45 it was 3138. so i decide go short .but after two hours @12.30 nifty was3082.check the trend[3082-3155] =-73 points so it mean -73>=20points buy call but in morning i was short nifty .so sir how can i decide buy call or hold my put with 30%sl as u say in ur post. nu always sat buy put atR1 OR BUY call at S1 so today's S1was 2800. i am right or wrong .pls correct me.
Dear Tomdickpary,

You went Nifty short when price diff. between 10:45 AM and 10:00 AM was -17 and you was lucy to survive that and then, at 12:30 Nifty was at 3082 i.e. -73 pts from 10:45AM. Here you could have bought put at R1 or you can hold on to previous position with trailing SL from CMP.

sir hear i am give u today's nifty label time to time can u pls tall me by seeing this what should to do . 1>at10 am nifty was 3176
2>at10.30am nifty was 3155
3>at10.45am nifty was 3138
4>at12.30pm nifty was 3082
5>at 3.00 pm nifty was3077.
pls sir tall me step by step . ur new first years students. pls sir
thanks
At 10.30 AM trend is -ve by >-20pts which got confirmed at 10:45AM so buy put at R1 and hold with 30% SL. At 12:30 PM the trend continues to be -ve (diff. 12.30 - 10.45) so you can either hold on to previous put or add one more position depending on you risk appetite / budget. And 3:00 PM trend continues to be -ve (diff. 3:00 -12.30). so either hedge your position by buying a call at S1 or square off all your position before you call it a day.

Hope this helps.
Regards
 
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