SH's MArket Correction Prediction Strategy

[anurag.chand]

NIFTY 5700 Straddle cost is around 328...i think costly u think so

:thumb::thumb::thumb:
Best Regards,
http://www.traderji.com/futures/53550-my-trading-strategies-future.html
_________________________________________________________________
The best trading method is to take advantage of the crowd's greed and fear.
_________________________________________________________________

5700 straddle is costing around 227

 

[InvestoMania]

Sorry Dear...Typo

5700 straddle is costing around 227

 

[Tradewithhunter]

100 ema touched.

Sh sir,
Any comments.

100 EMA touched... one can open 5700 straddle.

Alternatively, just buy 5700 calls assuming 100 EMA will support Nifty. If Nifty closes below 100 EMA, exit calls and buy 5700 puts. one of these options should double or more....

Cheers
SH

 

[Rishi001]

100 EMA touched... one can open 5700 straddle.

Alternatively, just buy 5700 calls assuming 100 EMA will support Nifty. If Nifty closes below 100 EMA, exit calls and buy 5700 puts. one of these options should double or more....

Cheers
SH

Hi SH,

I have a 5700 straddle from yesterday, is it advisable to unwind one leg whenever nifty moves 50-60 odd points in one direction and wait for the reverse move to unwind the other leg.

Regards,

 

[Tradewithhunter]

Hi SH,

I have a 5700 straddle from yesterday, is it advisable to unwind one leg whenever nifty moves 50-60 odd points in one direction and wait for the reverse move to unwind the other leg.

Regards,

Yes, unwind the calls if Nifty closes below 100 EMA today and hold puts for further gains. If nifty closes above 100 EMA, time to exit puts and hold calls.

Consider the 100 EMA as Line of control for bulls/bears.

Cheers
SH

 

[bhurasandip]

Hai SH,
Bought 5700CE & 5700PE at 123 & 109 respectively.
What should i do plz reply

 

[vinst]

Hai SH,
Bought 5700CE & 5700PE at 123 & 109 respectively.
What should i do plz reply

see msg #377 by SH

 

[trade4joisar]

Hai SH,
Bought 5700CE & 5700PE at 123 & 109 respectively.
What should i do plz reply

100 ema @ 5709

NF CMP @ 5573

It seems NF will closed below 100 ema, you should exit in 5700 CE & hold 5700PE.

 

[bhurasandip]

SH,
I couldn't understand ur view to buy 5700ce first and if market close below 100ema then cover ur call and open put position as put increased 60% to 70% during close.
Can i add i lot 5700pe tomorrow morning

 

[MurAtt]

On Nifty SPOT

EMA 15 = 5694 (on 30 mins TF).
Been 15 candles of 30 mins since price has not touched 15EMA.

What say SH .. u think it would go up or EMA would come down or a middle path .. minor up with EMA coming down to meet the up candle .. .. or still some more candles before the smooooccchhhhhh ...