Option Buy Recomendations

[manjeet78]

dear sir, i m having bharti 350 oct call @ 17, so at the end of expiry at what share price of bharti would be "NO PROFIT NO LOSS TO ME" , manjeet

 

[timtim]

Bharti should be atleast at 367 (350 + 17) for you to break even. This is not considering brokerage + tax.
I would guess you would need Bharti to be atleast at 370 to break even with taxes and brokerages.

 

[chaitanyagoa]

hi; i have 5200 call oct series at 59 ; cmp 34, shall i wait r exit;

pls reply

thanks

Hello AAM537,

I see that U have a 5200 CALL for the OCT Series..... It is Not recommended to BUY the Series that high Just because they are Cheap.....

Always BUY calls or PUT with +/- 50 points of the NIFTY.

Thanks

 

[vadlapatis]

Hello

i have Hindalco 135 @ 3.7 now it is 2.85 what to do
Ranbaxy 440 @ 10 now it is 2.5 what to do
all are oct series only

any suggestions please

 

[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 5142
Support at 4980

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

 

[ghosh_ak34]

Hello

i have Hindalco 135 @ 3.7 now it is 2.85 what to do
Ranbaxy 440 @ 10 now it is 2.5 what to do
all are oct series only

any suggestions please

I guess these are calls

Hindalco 135 call - Hold with SL = 2.5 (max)
Well you are already at loss. You could have exited with SL = 7. Now, its upto you to hold or exit.

Regards

 

[chaitanyagoa]

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 5142
Support at 4980

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

Hello Mr. Ghosh

How do U calculate the Resistance and Support levels????

My Apologies..... If you have already explained the Process...... I have just commenced reading this thread ....

Thanks

 

[Mangafreakz]

@ghosh_ak34
After going through your strategy , I paper traded on Monday buying call around 10:30 , ended with 2k profit. Thanks a lot for sharing this strategy .

 

[Mangafreakz]

@chaitanyagoa
Get last week's High , low and close values. Then calculate the pivot using these 3 formulas as stated by ghosh_ak34
Pivot = (Weeks High + Weeks Low + Weeks Close)/3
Support1 = 2P - H
Resistance1 = 2P - L

 

[aditya14]

@ghosh_ak34
After going through your strategy , I paper traded on Monday buying call around 10:30 , ended with 2k profit. Thanks a lot for sharing this strategy .

Paper trades aha!!!! Now only if my dreams were also real.