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Discuss Nifty Futures Trading at the Derivatives within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by myvineet SIR will u recommend any stetergy in option at this time ...


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Derivatives Discuss Futures & Options in securities whose value is derived from an underlying instrument.


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  #821  
Old 28th February 2008, 03:22 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by myvineet View Post
SIR

will u recommend any stetergy in option at this time ?

thanx
Dear Vineet!

PLease do away with sir first. It's a title suitable for Saint, Uashish and such stalwarts only.

About options, I will suggest to wait for tomorrow. Rather I would suggest please wait for Budget to be passed as tomorrow will be very volatile.

Why to make a strategy based upon manipulative closes?

Now let's assume that price would have closed at these levels on a normal day then we would have devised a bullish strategy as it were a triangle breakout and pullback. One could have simply bought a call with today's low in underlying as stop. In case there is no pullback, one should create a bull spread.

Regards,
--Ashish
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  #822  
Old 28th February 2008, 03:24 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Ashish

thanx a lot.
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  #823  
Old 28th February 2008, 03:27 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by myvineet View Post
Ashish

thanx a lot.
Always a pleasure,mate!
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  #824  
Old 28th February 2008, 03:29 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by cccontrarian View Post
sold nifty fute, stop 5300 (cash)
squared-off the same with minor loss of 5rs.
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  #825  
Old 28th February 2008, 04:06 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

like valentines day , mothers day etc.... today should be H and S day. Watch nifty 1 min and all giving juicy moves...no.1 and 2 are bearish while no.3 is bullish in the attached chart..

Last edited by rajaram.dilipkumar; 22nd May 2008 at 10:29 PM.
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  #826  
Old 28th February 2008, 04:48 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
Dear Vineet!

PLease do away with sir first. It's a title suitable for Saint, Uashish and such stalwarts only.

About options, I will suggest to wait for tomorrow. Rather I would suggest please wait for Budget to be passed as tomorrow will be very volatile.

Why to make a strategy based upon manipulative closes?

Now let's assume that price would have closed at these levels on a normal day then we would have devised a bullish strategy as it were a triangle breakout and pullback. One could have simply bought a call with today's low in underlying as stop. In case there is no pullback, one should create a bull spread.

Regards,
--Ashish
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  #827  
Old 28th February 2008, 07:43 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
Dear Vineet!

PLease do away with sir first. It's a title suitable for Saint, Uashish and such stalwarts only.


Regards,
--Ashish
Lol

You could call me Saint,no Sirs,.........just leave the Sir for Asish!

Saint
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  #828  
Old 28th February 2008, 08:08 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

OK ;i will follow the Sire with the burdens of Sir's on my shoulder,gloating that my back is better than the Notterdam guy,who was having a hunch back.
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  #829  
Old 29th February 2008, 09:58 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Today is the last day of the week,the last day of the month........how this day develops is going to be important.Basically,a clear cut visual breakout is a must........a fall today,and a continuation pattern to the down sets up on the weekly.

Let's see how things look by the end of the day.......

Saint
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  #830  
Old 29th February 2008, 10:02 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Saint View Post
Today is the last day of the week,the last day of the month........how this day develops is going to be important.Basically,a clear cut visual breakout is a must........a fall today,and a continuation pattern to the down sets up on the weekly.

Let's see how things look by the end of the day.......

Saint
And maybe the last day of trading for many traders also, who work without stops and discipline?

But that could be anyday actually, not necessary that it should be a big even day, I suppose.
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