Option Buy Recomendations

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ghosh_ak34

Well-Known Member
Dear ghosh sir,
How can use this sup and res with nifty trade.we trading it as per option strategy then where we using this daily res/sup and how? please .......
give one example of trade so helpfull to understand.

Regards
VJAY
Dear Vijay,

I am unable to undertand your question. Please clarify further.

Regards
 

ghosh_ak34

Well-Known Member
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 4552
Support at 4412

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.

Regards
 

VJAY

Well-Known Member
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 4552
Support at 4412


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.

Regards
Dear Ghosh sir,

I want to know about above mentioned support and resistance.If we bought 1 nifty fut & 1 lot at money put @10.45 as per your strategy and checking it further predetermined times(eg.12.30,3.15),then where we use this Sup&Res and how?.Hope my querry clear now.

Regards
VJAY
 

ghosh_ak34

Well-Known Member
Dear Ghosh sir,

I want to know about above mentioned support and resistance.If we bought 1 nifty fut & 1 lot at money put @10.45 as per your strategy and checking it further predetermined times(eg.12.30,3.15),then where we use this Sup&Res and how?.Hope my querry clear now.

Regards
VJAY
Dear Vijay,

Once Sup. is broken by 10pts, we go short and we go long once Res. is broken by 10pts.

Trade as per trend so far these sup. and res. hold good, once these broken go short or long as stated above.

To make it simple, trade as per trend when price is between Res. & Supp.
and once Sup. is broken go short and once Res. is broken go long.

But always hedge your position by buying AT or near money option.

Hope this clears your doubt.

Regards
 
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Dear Ghosh sir ,

Only today I looked into your thread. Very good gesture and excellent thread started by you . Very useful for newbies like me. Please continue and follow it up sir.
Thank you.
Ghosh Sir,
I have visited all the Pages of this Thread starting from Page-1. It may be called a SCHOOL to us, the new Traders. Please carry on with full enerzy and courage.
 

VJAY

Well-Known Member
Ghosh sir,

These sup/res are based on nifty spot or nifty future?

Regards
VJAY
 
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