Option Buy Recomendations

[columbus]

Dear Friends,


Resistence at 5425
Support at 5345

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 check strategy posted in 1st post of this thread.

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 for tomorrow are as under:

Resistence at 5345
Support at 5250

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 check strategy posted in 1st post of this thread.

Regards

 

[naharchetan]

Dear Mr Ghosh,

I have bought Nifty Put Option 5300 Strike price; current month contract at an average of 59 rupees

I am still holding it since I could not exit before end of day

Please can you advise on this?

Best regards,

naharchetan

 

[susobhan]

Dear Mr Ghosh,

I have bought Nifty Put Option 5300 Strike price; current month contract at an average of 59 rupees

I am still holding it since I could not exit before end of day

Please can you advise on this?

Best regards,

naharchetan

Sir,
It will be helpfull to us if u kindly explain this, why did u bougth it

Regards
susobhan

 

[naharchetan]

Dear Sir,

I was just doing some test trading and no particular strategy as such in this trade

 

[ghosh_ak34]

Dear Mr Ghosh,

I have bought Nifty Put Option 5300 Strike price; current month contract at an average of 59 rupees

I am still holding it since I could not exit before end of day

Please can you advise on this?

Best regards,

naharchetan

Dear naharchetan,

Will reco. not to hold call or put by EOD without hedge. You could have bought 5300 call (CMP 116.95) to hedge. Market seems to remain up this month.

Though some intermediate hickups are not rulled out as its Qtrly month.

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 for tomorrow are as under:

Resistence at 5401
Support at 5330

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 check strategy posted in 1st post of this thread.

Market View: Nifty will continue to move up a bit and then consolidate. This trend could be seen throughout the month.

Regards

 

[susobhan]

Sir
Weekly Details

High=5399.65
Low=5290.25
Close=5361.75
Pp=5350.55
R1=5410.85
S1=5301.45

R1~S1=109.4

Regards
susobhan

 

[susobhan]

Sir,

I am trying to update time wise nifty value,

Time----------Price--------Diff----------Trade--------put(5400)---------Call
09.05 AM------5362.25------0-------------No--------0-------------------0
09.35 AM------5330---------(-32.25)------Yes-------125.00--------------0( At 9.45 am)
10.00 AM------5334.05------4.05----------No--------0-------------------0
10.30 AM------5347.75------13.70---------No--------0-------------------0
12.30 PM------5355---------7.25----------No--------0-------------------0
03.00 PM

Position hedged by 5300 call @105

Regards
susobhan

 

[naharchetan]

Sir
Weekly Details

High=5399.65
Low=5290.25
Close=5361.75
Pp=5350.55
R1=5410.85
S1=5301.45

R1~S1=109.4

Regards
susobhan

Dear Sir,

This seems to be wrong; since a few posts earlier on this thread; Mr Ghosh has advised that the HLC would be the end of day prices only the High that you have taken here (5399.65) is intraday high on 07/04/10!

Mr Ghosh; Please can you confirm?

I have the below data; please can you confirm if this is right?

04/05/2010 5368.4
04/06/2010 5366
04/07/2010 5374.65
04/08/2010 5304.45
04/09/2010 5361.75

So

H = 5374.65
L = 5304.45
C = 5361.75

R1 5389.45
S1 5319.25
P 5346.95


R1~S1 = 70.2