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Option Buy Recomendations

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  #631  
Old 27th August 2008, 04:20 PM
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Default Re: Option Buy Recomendations

Hi ghosh_ak34

Can you provide us with any of your option recommendations for the September series.
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  #632  
Old 27th August 2008, 04:43 PM
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Default Re: Option Buy Recomendations

Hi ghosh_ak34.

Congrats & thanks for creating a wonderful forum..Which is helpful for Novice in Options trading..Make this thread more interactive.. With ur forumulas given i have calculated the levels for Nifty.

18/08/08--------------------->>>>>>>>>>> 4431 4447 4380 4393
19/08/08--------------------->>>>>>>>>>> 4393 4394 4317 4368
20/08/08--------------------->>>>>>>>>>> 4365 4435 4365 4416
21/08/08--------------------->>>>>>>>>>> 4416 4419 4271 4284
22/08/08--------------------->>>>>>>>>>> 4284 4337 4248 4327

P = (Weeks High + Weeks Low + Weeks Close)/3
S1 = 2P - H
R1 = 2P - L

H = 4447
L = 4248
2P = 8681.333333333

P = 4340.666666667
S1 = 4234.333333333
R1 = 4433.333333333

Seeing reply from the above page declares i am correct with my value.

Now can you explain your strategy with todays data and the above data how to find Entry , exit and stop loss and also explain for intraday and long perspective.

It wil be very helpful for me to learn and paper trade myself..

Thank you.
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  #633  
Old 27th August 2008, 06:27 PM
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Default Re: Option Buy Recomendations

Ghosh Sir,
Can i buy a call at 4200 when market goes further down ?


Ram
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  #634  
Old 27th August 2008, 06:56 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by joethim View Post
Hi ghosh_ak34

Can you provide us with any of your option recommendations for the September series.
Hi Joethim,

Will prefer to trade in Nifty options till Nifty shows some direction so that Stock option could be picked up for getting profits.

Regards
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  #635  
Old 27th August 2008, 06:58 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by trillian View Post
Hi ghosh_ak34.

Congrats & thanks for creating a wonderful forum..Which is helpful for Novice in Options trading..Make this thread more interactive.. With ur forumulas given i have calculated the levels for Nifty.

18/08/08--------------------->>>>>>>>>>> 4431 4447 4380 4393
19/08/08--------------------->>>>>>>>>>> 4393 4394 4317 4368
20/08/08--------------------->>>>>>>>>>> 4365 4435 4365 4416
21/08/08--------------------->>>>>>>>>>> 4416 4419 4271 4284
22/08/08--------------------->>>>>>>>>>> 4284 4337 4248 4327

P = (Weeks High + Weeks Low + Weeks Close)/3
S1 = 2P - H
R1 = 2P - L

H = 4447
L = 4248
2P = 8681.333333333

P = 4340.666666667
S1 = 4234.333333333
R1 = 4433.333333333

Seeing reply from the above page declares i am correct with my value.

Now can you explain your strategy with todays data and the above data how to find Entry , exit and stop loss and also explain for intraday and long perspective.

It wil be very helpful for me to learn and paper trade myself..

Thank you.
Dear Trillian,

Thanks for the appreciations. Your calculations are correct. I have given the interday strategy in 1st post of this thread. Please go through the same.

In case you have any queries from it, do let me know.
Regards
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  #636  
Old 27th August 2008, 07:01 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by trader999 View Post
Ghosh Sir,
Can i buy a call at 4200 when market goes further down ?


Ram
Dear Ram,

At 3:15 PM buy a call at S1 (4200) only to hedge your position (put bought at R1 (4400)). Otherwise do not buy any call in any point of the day if Nifty trend is down.

Please read updated 1st post again. I have added "How to check the trend and Buy options" para in it."

Regards
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  #637  
Old 28th August 2008, 06:56 AM
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Default Re: Option Buy Recomendations

Hi all,
I am new bee in options .currently i hold position 1 lot of nifty 4400 put 28-aug expiry. today is that day .and it is in ITM, What will happen when i didnt square off.will my system will square off or excercise it automatically based on closing price.
kindly show me light ....
vijay
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  #638  
Old 28th August 2008, 01:38 PM
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Default Re: Option Buy Recomendations

hi ghosh_ak34,

Can you explain the scenario with Todays mkt with data of the time frame given by you in your 1st post

Where mkt opens @ 4290.75 with previous close @ 4,292.10.
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  #639  
Old 28th August 2008, 08:09 PM
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Default Re: Option Buy Recomendations

Quote:
Originally Posted by trillian View Post
hi ghosh_ak34,

Can you explain the scenario with Todays mkt with data of the time frame given by you in your 1st post

Where mkt opens @ 4290.75 with previous close @ 4,292.10.
Dear Trillian,

Please re-read the 1st post. I have stated -

"Trend is checked at 10:30 AM-10:45 AM with 20 pts up or down from Nifty opening price.

Depending on this trend its recommended to buy Nifty call at S1
if (Opening price - price at 10:30 AM) >= 20pts.

And its recommended to buy Nifty put at R1 if (Opening price - price at 10:30 AM) =< 20pts.

SL for both put and call price = 30% of your buy price."

We do not take into a/c the previous days close to judge the trend, our base point is Nifty opening price based on which we find the trend at 10:30 AM.

Regards

Last edited by ghosh_ak34; 28th August 2008 at 08:35 PM.
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  #640  
Old 28th August 2008, 11:35 PM
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Question Re: Option Buy Recomendations

Hi Mr. ghosh

Which call or put should i buy for september series
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