Option Buy Recomendations

[ghosh_ak34]

Dear Ghosh da,

as you mentioned sup & res lvl it is Spot nifty ?
and above said hedge method where to close position as it is intraday ?

Thanks .

The level I post on daily basis are Nifty future res. and sup.

Its cleary mentioned in my daily posts that "For Nifty Future traders who would like to trade.....".

One can close position interday or the next day at opening.

Regards

 

[aabhi06]

Dear Ghosh da,
Thanks for reply.
for today yours res. lvl market came down from 3130.80 , superb prediction!
Thanks ones again.

 

[ghosh_ak34]

Dear Friends,

For Nifty Future traders who would like to trade as per trend check strategy posted in 1st post of the thread, Nifty levels for Monday are as under:

Resistence at 3170
Support at 3070

If you go short 1 lot then, buy 1 lot at money or near money call and if you go long 1 lot then, buy 1 lot at money or near money put to hedge. Reco. to trade as per trend strategy posted in 1st post of this thread.

 

[Hichleviche]

First of all Thanks to Goshji i made up my mind and decided to trade options....

Have been doing paper trading since few months.


I have bought 3200 April Put @ 181 is it good idea to hold it or i should put
stop loss of 30% as market gone against me in last hour and am sill holding
my bulk position.

 

[ghosh_ak34]

First of all Thanks to Goshji i made up my mind and decided to trade options....

Have been doing paper trading since few months.


I have bought 3200 April Put @ 181 is it good idea to hold it or i should put
stop loss of 30% as market gone against me in last hour and am sill holding
my bulk position.

Dear Hichleviche,

You can hold 3200 April Put with a 30% SL.

Regards

 

[vijayrathod2006]

Hi Ghosh ji i have bought 2800 call @51, 450 lost size... you think its gonna go up.. as the US mkts were down yesterday??

 

[ghosh_ak34]

Hi Ghosh ji i have bought 2800 call @51, 450 lost size... you think its gonna go up.. as the US mkts were down yesterday??

Dear Vijayrathod2006,

Try to exit from all long positions as Nifty seems to face resistence at higher levels. Nifty is seems tired and wants to rest for a while.

I think its better to make an exit from the 2800call.

Regards

 

[vijayrathod2006]

thanks... actually my mistake i have a long position in 2800 Put option bought at 51...

Thanks for your insight

 

[stockBond]

stockBond, this is an important discussion thread on option trading by Shri Ghosh. Please do not clutter this section with out of context posts.

Hey Boss......I'm new to trading .......plz let me know yr expert comments on which account ....(sharekhan/icicidirect/hdfc/chola/others).....charges least brokerage ??

 

[RAISINGSUN]

suggetion : concentrate on profit trade not brokarage