Option Buy Recomendations

[magnanimous]

Hi Mr. Ghosh,

How would you assess markets now???

Best regards,

Madhav

 

[magnanimous]

Hi Ghosh,

How u calculate support and resistance? In first post u asked to calculate weekly pivot, now weekly pivot for Nifty is 4675.98 so resistance at 4716 and support at 4621.But for 2morrow u have given resistence at 4700 and support at 4535, how come?

Please correct me ,did i misunderstood ur quote?

Quote:
Originally Posted by gdaggarwal
dear mr. ghosh
according to your strategy on page 1 of this thread previos week high is 4743
low 4537 closing 4732 so support s1=4598 and r1=4800
and kindly tell me when u r teeling short one lot or long 1 lot means short or long one lot of nifty future and to hedge buy 1 call/put at the money.

Dear gdaggarwal,

1st post tells weekly R1 and S1 for trading in options only. And Daily Res. and Supp. is for trading in NF future.

Regards

 

[ghosh_ak34]

Hi Ghosh,

How u calculate support and resistance? In first post u asked to calculate weekly pivot, now weekly pivot for Nifty is 4675.98 so resistance at 4716 and support at 4621.But for 2morrow u have given resistence at 4700 and support at 4535, how come?

Please correct me ,did i misunderstood ur quote?

Hi Arti,

1st post tells about trading using weekly R1,S1 calculated on the basis of Weeks OHLC. And for daily I am still to come up with any calc. formula as am still unable to find any.

Regards

 

[ghosh_ak34]

Hi Mr. Ghosh,

How would you assess markets now???

Best regards,

Madhav

Dear magnanimous,

Market seems waiting for a direction. Trying to break 4730-4755 levels.

So, have reco. 4700 straddle write.

Regards

 

[[email protected]]

Ghosh sir,
I have face some prob.
(1) If
nifty spot
pre.close----4625
4600-----> open 10.00
4625 ----> 10.30
4606 ----> 10.45
can we go for put or call
Ghosh sir,
(2) If
nifty spot
pre.close----4660
4662-----> open 10.00
4671 ----> 10.30
4648 ----> 10.45
can we go for put or call

Thanks & regards,
som

 

[amitsgreat]

what will be the next taarget of ttml? I heard that TTML have to buyback shares in this month and also amalgmate with ttsl in this month. Can u Clarify this?

 

[mayavi99]

what will be the next taarget of ttml? I heard that TTML have to buyback shares in this month and also amalgmate with ttsl in this month. Can u Clarify this?

Amit, you have posted the same message atleast in four different threads. This thread of Ghosh Sir is meant for discussions on option trading. Pls don't spoil its flow with unrelated issues.

 

[amitsgreat]

I have taken Jp Associate call option for strike price Rs 250. Will JP associate can reach this target in this month

 

[ghosh_ak34]

Ghosh sir,
I have face some prob.
(1) If
nifty spot
pre.close----4625
4600-----> open 10.00
4625 ----> 10.30
4606 ----> 10.45 <---- Trend not confirmed so no trade.can we go for put or call
Ghosh sir,
(2) If
nifty spot
pre.close----4660
4662-----> open 10.00
4671 ----> 10.30
4648 ----> 10.45 <----- Trend not confirmed so no trade.
can we go for put or call

Thanks & regards,
som

Dear Som,

My answer is embosed in bold.

Regards

 

[ghosh_ak34]

I have taken Jp Associate call option for strike price Rs 250. Will JP associate can reach this target in this month

Dear amitsgreat,

JP associate is looking week so exit from call.

Regards