Choosing wrong strike prices can lead to big losses even when our analysis is right. It's due to Theta decay. So Lets understand some basics of options strike price. There are three types of strike prices based on their moneyness. 1)ATM (At the Money) 2)OTM (Out of the Money) 3)ITM (In the Money) FOR CALL OPTIONS : Lets assume Stock ABC is trading at 150...
1. Before starting any new venture, we must learn the basics of that subject. So, learn the basic ABCD of trading. 2. Beginners should avoid the Futures and Option (f&o) trading. First, one needs to get a good grip over the cash equity segment. 3. Learn technical analysis and try to master any one strategy and stick to it. 4. Avoid dependence on...
RELIANCE INDUSTRIES has dropped more than expected - chances it will cross the trend (brown cross) and move upside look forward only above the cross candle
My personal experience on Swing trade Why i choosen swing trade.. How Long i am in trading business reason to post this video for trading knowledge Complete Mind game
Read the chart…and take ur decision
As reliance have touched its All time high for the third month, it would be advisable to book partial profits at higher levels and could wait for the Fibonacci retracement for lower levels for buying in dips. Reliance has rallied more than 75% in just 1.5 months hence expect some profit booking and correction.
Is this right time to buy reliance ??? Educational purposes
It is quite evident, that if NSE:RELIANCE clears the over head supply zone then it can potentially reach 2120 levels.
Reliance might spiral down till Fibonacci level 1321
look at the past movement or trend and now its performing same as previous.
As per this weekly chart we can see how beautifully each time the stock has respected Harmonic Patterns and shown reversals. From a Bearish AB=CD to a Bullish AB=CD, followed by a Bearish Deep Crab and now a Bullish Deep Crab along with a Bullish AB=CD. If it can hold 1285 then a retest of 1400-1450 looks probable.
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