Option Buy Recomendations

[rrmhatre72]

Hi

Where do you expcet support to Nifty today?

Regards,
Rahul

 

[riteshkothari]

Where is nifty support tomorrow

 

[rrmhatre72]

Where is nifty support tomorrow

Hi,

It seems it is holding 5235.

Regards,
Rahul

 

[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 5290
Support at 5210

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: A bounce back on cards. Watch IT stocks - starting with TCS.

Regards

 

[ghosh_ak34]

Hi Prasham,

How to evalute if share is in overbought categery or not?
Also let me know how do you evaluate if premium is appropriate for any share?

Regards,

Rahul

Dear Rahul,

W%14 > 80 - Overbought and W%14 <20 - Oversold zone. With ADX=14 supporting for confirmation.

If IV for the stock is greater than 50 and stock option has good liquidity then, only buy a stock option. Can't say how much preminum is appropriate, it depends on stock potential on movement and market conditions etc.

Will buy only when my pocket allows and I am ready to loose 20-30% of the premium (SL=30 % of the CMP)

 

[susobhan]

sir

weekly details

High=5382.15
Low=5237.55
Close=5262.60
Pp=5294.10
R1=5350.65
S1=5206.05

R1~S1=144.6

Regards
susobhan

 

[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 5249
Support at 5169

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 5245
Support at 5190

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 5250
Support at 5130

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

 

[fabrics]

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 5250
Support at 5230

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

Is S 5230 or 5130