Option Buy Recomendations

[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 tomorrow are as under:

Resistence at 5010
Support at 4935

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

 

[leena.hawal]

Dear abigbull,

Well looking at your problem, I think it will be nice if you could invest through Mutual Fund or invest by buying stocks.

See trading requires monitoring so till your you could reach a state where you can monitor your trades then, start trading again.

Regards

U can go for invest in equity only i think & keep up-dates of ur stocks by asking ur broker /dealer.

 

[a_s_nandakumar]

When you say buy calls at S1or buy put R1 whether S1 and R1 are weekly support resistance or intraday.Of course for trend determination we are taking weekly figures.Please clarify

 

[ghosh_ak34]

When you say buy calls at S1or buy put R1 whether S1 and R1 are weekly support resistance or intraday.Of course for trend determination we are taking weekly figures.Please clarify

Dear nandakumar,

S1 and R1 are weekly support and resistence and we take intraday Nifty quotes for trend determination.

Regards

 

[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(Sept.) for tomorrow are as under:

Resistence at 5045
Support at 4932

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

 

[a_s_nandakumar]

When you say buy options at S1 or R1 should it be ATM options.

 

[a_s_nandakumar]

Dear Ghosh

Thank u for your response.I agree S1 and R1 are weekly support.But when u say buy at R1 or S1 the market sometimes does not reach that levels either way.Under such circumstances do we buy options at intraday R1 or S1 as the case may be.

Nandakumar

 

[ghosh_ak34]

Dear Ghosh

Thank u for your response.I agree S1 and R1 are weekly support.But when u say buy at R1 or S1 the market sometimes does not reach that levels either way.Under such circumstances do we buy options at intraday R1 or S1 as the case may be.

Nandakumar

Dear Nandakumar,

S1 and R1 are the Nifty strike price at which one has to buy call / put depending on trend as per 1st post of this thread.

Regards

 

[a_s_nandakumar]

Dear Nandakumar,

S1 and R1 are the Nifty strike price at which one has to buy call / put depending on trend as per 1st post of this thread.

Regards

Dear ghosh
I will give u an example.
Weekly S1 - 4840
Weekly R1 - 5057

Intraday for tommorrow
S1- 4921
R1 - 5034

Suppose I want to trade tommorrow.If the trend is up at 10.30 a.m i e nifty spot is more than 20 points from opening price,Should I buy calls at 4921(intraday support).

 

[ghosh_ak34]

Dear ghosh
I will give u an example.
Weekly S1 - 4840
Weekly R1 - 5057

Intraday for tommorrow
S1- 4921
R1 - 5034

Suppose I want to trade tommorrow.If the trend is up at 10.30 a.m i e nifty spot is more than 20 points from opening price,Should I buy calls at 4921(intraday support).

Dear Nandakumar,

Please read the 1st post of this thread again. R1 and S1 are weekly and we trade with that only. Never use daily S1 and R1.

Weekly S1 = 4800 (Neares 100 of 4840) and R1= 5100 (Nearest 100 of 5057).

Have answered earlier to other's all queries so please read the thread from the begining. Before asking any fresh query.

Regards