Dear Mr.Ghosh
Please clarify my doubts.
As per trend check strategy if nifty > +20 points then Buy CALL else nifty > -20 points then Buy PUT.
My Question is...
Nifty at 9.05 am = 4900
Nifty at 9.15 am = 4920 so here can i go for buy a CALL?
As i have seen on friday nifty at 11.30 =4894 and nifty at 12.30=4968 here 74 points are different so in this situation can i buy a CALL? if i bought a call at 12.30 then i will be loss because after that nifty gone down.
so what i'm asking you if nifty cross +20 or -20 points from the previous time interval then immediately can i take any action (CALL or PUT)?
for example
nifty at 9.05=4900
nifty ar 9.35=4910
nifty at 9.50=4930 here can i buy a CALL?
nifty at 10.30=4910 here can i buy a PUT?
Please helpme in this...
Regards
dear vpvramesh,
as per my understanding....first of all you have to correct your view on formula.
here....you wrote...if nifty > +20 points then Buy CALL else nifty > -20 points then Buy PUT
in second half of the sentence you have to substitute < -20 instead of > -20
that means....nifty @ 9.35=4910, means it's not under your formula. still you have to wait to cross 4020 to buy CALLs or in downwords...3880 to buy PUTs
i think you understand. feel fee to ask, if you don't.
to the seniors....
please, correct me if i am wrong @ any stage. cause, this is the first post in answering mode.