Reliance Intraday By Professional Option's Trader🤑💲💸💰#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023
Is option buying good for intraday?
Trading intraday options can be a great way to benefit from short-term market fluctuations and make quick money. Before you dive headfirst into the fast-paced world of intraday options, it's important to have a sound strategy with an understanding of risks and rewards.
The long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body.
Which candle is best for option trading?
Here are the top 5 candlestick patterns that traders must know:
Doji. The Doji pattern is formed when the Open Price and Close Prices are the same or almost the same, and there is Low and High Price, so the candle has nearly nobody with a lower and upper wick. ...
Hanging Man. ...
Hammer. ...
Morning Star and Evening Star.
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
Finnifty
#finnifty"Good morning! As of August 4th, there is no significant difference compared to the last session. However, the global market sentiment is slightly positive (based on the Dow Jones alone), and the market trend is bearish. There is a possibility of opening with a neutral to slight gap-up. Afterward, if the initial market breaks the previous day's closing price, it will reach the 38% Fib level. This level acts as a strong resistance, so there might be a rejection here. We can expect a continuation of the pullback only if the market breaks the 38% Fib level.
On the other hand, if the initial market experiences sharp declines, we can anticipate a continuation of corrections with minor pullbacks, but it should break the previous day's low."
#finnifty"Good morning! As of August 3rd, the global market sentiment is slightly negative (based on the Dow Jones alone), and the market trend is bearish. Therefore, whether it opens with a gap-up or down doesn't matter. If the initial market experiences sharp declines, we can anticipate a continuation of corrections with minor pullbacks (potentially breaking the previous day's low).
On the other hand, if the initial market undergoes some consolidation, there is a possibility of a 50 to 61% pullback (with the potential to break the 38% Fib level)."
Everyday Of The Week Is An Expiry Day | Impact Of 0 DTE Options After the latest circular from NSE, MidCPSelect Nifty which tracks a handpicked 25 stocks will have expiry date shifted from Wednesdays to Mondays. And BankNifty which tracks the top most banks in India will have expiries on Wednesdays instead of Thursdays.
This change in status-quo has created a situation wherein we have a daily expiry. Much similar to the 0 DTE (zero day to expiry) by CBOE in the US.
Many economists have published whitepapers on how this could impact the options trading industry, speculations, index movements. But we still have no clarity on how the future will unfold. You might already know how “options” as a financial instrument is a double edged sword due to the leverage it provides.
Let me try to voice my version of what will happen!
Stock markets have already caught the attention of the wanna be rich guys. Although options trading is a newer concept, stock market & betting has been here for more than 100 years. People generally buy stocks in the anticipation that they could sell it back at a higher cost and thereby profiting.
Most often these buys are not because they like the underlying company or have done the research of the firm but just to get rich quick.
Options trading is the next level of betting from stock trading. Options instruments CALL & PUTS give the ability of the buyer to handle a higher number of shares of the firm for a fraction of the total cost (for a limited time).
That limited time is the catch here. Every option instrument will expire on a predetermined date called expiry day. Whereas the stocks have no expiry dates. What this means is that if you have purchased CALL OPTIONS you expect the stock to move up real quick before the expiry, if it doesn’t you lose the premium paid. Whereas in stocks you have the privilege to hold the shares as long as you like.
The reason options were introduced was to hedge the owner of the shares against its short term fluctuations. For eg: If I own 100 shares of XYZ and I wish to hold this for the next 10 years, but a recent report says XYZ company has lost one of its licenses & the shares could tank. What I could do is buy PUT options of the firm so that my downside is protected for the short term.
When I decide to buy the PUT options someone has to take the counter position. It could be the market maker or a speculator.
The market maker, if he decides to sell that PUT option to me, has a net long exposure, which means he makes money only if the stocks stay as they are or move up. Technically no market maker likes to have a directional exposure, so he will immediately take another few trades to become delta neutral.
Or it could be a speculator who is just there to make money. This guy may not have a stock holding against the position he has taken. Most likely this person has the belief that stock XYZ is moving up.
Stocks still have a monthly expiry, which gives ample time for the buyer/seller of the option instrument to change or modify their long/short exposure according to the price action/news flow. Whereas Indices are now set with weekly & monthly expiries.
Earlier both Nifty50 and BankNifty expired on the same day ~ Thursday. So the speculation was either mostly on that one day or via overnight positions built up towards the expiry.
With the new changes 6 separate indices are set to expire on separate days of the week, which means a speculator has the opportunity to gamble into a long or short exposure every single day of the week.
We now know the speculator is only interested in making money provided his views/research is accurate. Honestly I still dont believe any retail trader is a match for the institutions with their supercomputers, mathematical modeling or the kind of talent they attract. So if someone has to lose money in this process, it has to be the lowest hanging fruit.
Since there are daily expiries, the retail trader is enticed into an opportunity to make easy money. The good thing is that overnight is not there, but this trader has to be knowledgeable enough on what he is getting into.
Both the size & count of betting will increase & its going to be a harvest for the Government, Brokers & Professional Traders. After a while it is going to be like any gambling sport or a lottery business.
Market makers will be glad to offer a wider bid/ask spread and profit, usually the end trader is not aware of this slippage.
Since the volume of trades are going to explode, there is a risk of risk-oversight. Let me try to explain.
Case1: Markets prefer to stay range bound — this is the best case for all the participants. Most often the day ends just like the day begins & there are no hefty options adjustments, roll up or roll down.
The premiums in the strikes will be normal (usually low)
Since the swings are normal, option strikes do not create unwanted build up of open interest (volumes will be as usual)
This scenario is safe for all the participants even though there is an equal amount of money to be won or lost.
Case2: If the markets start to pick a direction — it is going to have a spiraling effect which cannot be quantified by any mathematical modeling
If the markets are moving against a net sell position, the trader will start covering to reduce loss.
This will create a spike in open interest of that strike & nearby strikes.
Once the volumes begin to spike, more speculators will jump in creating premium mispricing.
When the option premium mis-pricing exists, arbitrageurs will enter the game.
Market makers will be glad to write options & counter balance it by going long or short in the underlying. This algo or HFT will further escalate the directional move.
This 2nd category will create a self perpetuating trap if left unchecked. The high frequency traders are usually computerized and do not stop if they see the directional movement picking up speed. These machines feed on this distress & usually suck the soul out of the retail traders. Well it’s not a fault, but the machines are engineered that way.
The indices would fall or rise for no real reason and could wipe out a select portion of traders due to their unlimited loss options exposure. And the next day this index could revert to normal as this fall/rise was just due to speculation & nothing to do with fundamentals.
A black monday or a flash crash could be normal and more frequent. And there are 2 instances where this could even translate into deeper wounds.
The same component stocks, almost in the same weightage are participating in adjacent expiries.
FinNifty on Tuesdays & BankNifty on Wednesdays
Nifty50 on Thursdays & Sensex on Fridays.
So if we had a big movement on a Tuesday, it could even set the stage for further acceleration on Wednesday as the same underlying component stocks were impacted.
Having said all these, I am sure there would be many think tanks who would have thought through all these & implemented some safety nets to protect the vulnerable subset of people. If the case1 scenario plays out it should be a hunting ground even for a commoner like you & me to make some money!
#FINNIFTY #NIFTY 100% Perfect Trade💰🤑#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
#finnifty"Good morning! As of August 2nd, the global market sentiment is negative (based on Dow Jones only), and the market nature is moderately bearish. Therefore, it might begin with a minor gap-down. Following that, if the market rejects the immediate support, we can expect it to move within a range-bound structure to pullback continuation. This is because there is an ongoing sub-wave two. We can anticipate a correction only if the market breaks the swing bottom."
01 Aug ’23 Post Mortem on FinNifty and weekly analysisFinNifty Analysis
From the last expiry and today, Finnifty has fallen 197pts ~ 0.96%. We did hit an ATH of 20666 on 27th Jul and the same day we fell quite deeply. Today’s close is almost matching the intraday low set on that day.
Today’s Analysis
There was some interesting price action till 12.50 today - the fall was quite decent to watch esp after a gap up open. However the momentum was not in favor and we quickly gained back 82pts ~ 0.41% to finally close flattish. The usual volatility was missing today. Usually the trading in finnifty sucks out the liquidity from nifty and banknifty - but did not see that much activity today. Will wait for final traded contract numbers from exchange to verify this.
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Comment with your thoughts, opinion or bias, I will respond with the levels I am watching for tomorrow !
Finnifty Expiry trade setup 01-08-2023
FinNifty important intraday levels to watch for 31-07-2023
#Support: 20320
Short if candle closes below 20320.
#resistance: 20375
Long if candle closes above 20375.
#Targets on downside after break of support.
Target 1= 20290
Target 2= 20235
#Targets on upside after break of resistance.
Target 1= 20420
Target 2= 20470
Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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#finniftyGood morning! As of August 1st, the global market has a slightly positive sentiment (based on only Dow Jones), and the market nature is moderately bullish. Therefore, it might start with a minor gap-up. After that, if the market rejects the immediate resistance, we can expect a minor correction. On the other hand, if it breaks through, it moves your target to the next resistance level. However, if the market opens gap-down, we can expect a range-bound market. We can anticipate a correction only if it breaks the previous bottom.
FinNifty Level 1st Aug Expiry FinNifty Analysis
🕯️ Condition:-
🚀 If market open flat we will see Up side Movement till 20500 (Resistance Psy no)
🚀 If Market Open Gap Down Then Down Side movement till 20000 (Support Psy no)
🚀 Market Open Gap Up then Eat 5 Star 😅 (Do Nothing 🙂) May be Sideway
Note - Only For Education Purpose 🙏
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FinNifty levelsFinNifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider.
We hope you find this information beneficial in your trading endeavors.
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Wishing you success in your trading activities!
#NIFTY Today Trade 100% Perfect 🤑💰💸#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
Nifty, Banknifty & Finnifty Intraday LevelsHello traders
Today we have bearish view so let the price to reach at resistance levels and form proper resistance then make any position
dont sell if its directly goes towards support zone, you have to make sell position when it is trading at resistance
dont jump blindly
comment if you want to ask something
#finnifty"Good morning! As of July 31st, there is no significant difference between the last session, but the global market has a neutral sentiment (based on only Dow Jones), and the market nature is bearish. Therefore, it doesn't matter if it opens gap-up or down. If the initial market takes sharp declines, we can expect correction continuation with minor pullbacks.
On the other hand, we can expect a rally only if it opens with a gap-up and sustains above the level of fib 38%. If it sustains, our next targets are 61% and 78%. Here, I mentioned a reversal structure (alternate view). If it rejects sharply around the 61% or 78%, we can expect a correction, but use the confirmation signal of (EMA20 and fib level 38%). If it breaks both signals, we can expect a correction. Otherwise, the rally might continue."
Weakness in Financials (Fin Nifty)As long as traded below 20430 -20450 weakness in finnifty.
Above Weekly CPR Uptrend resumes but not strong.
Below Weekly-CPR Down side is possible up to W-S2.
There are two move is possible as shown in chart above.
(Blue represent possible up move & Red represent down move)
#finnifty"Good morning! As of July 27th, the global market indicates a negative start (based on only Dow Jones), and the market nature is bearish. Therefore, it doesn't matter if it opens gap-up or down; if the initial market takes sharp declines, we can expect correction continuation with minor pullbacks. On the other hand, we can expect a rally only if it opens with a gap-up and sustains above the level of fib 38%. If it sustains, our next targets are 61% and 78%. Here, I mentioned a reversal structure (alternate view). If it rejects sharply around the 61% or 78%, we can expect a correction, but use the confirmation signal of (EMA20 and fib level 38%). If it breaks both signals, we can expect a correction. Otherwise, the rally might continue."
Nifty, Banknifty & Finnifty Intraday LevelsHello traders
Today we have bearish view so let the price to reach at resistance levels and form proper resistance then make any position
dont sell if its directly goes towards support zone, you have to make sell position when it is trading at resistance
dont jump blindly
comment if you want to ask something
#finniftyGood morning! As of July 27th, the global market is starting positively, with GIFT Nifty showing a +75 point increase from the previous session. The market seems to be moving in a range without significant differences compared to before. It's moderately bullish, meaning there's an upward bias. We might see a gap-up opening. If the market stays within the range, it's likely to continue going up without a big drop.
Nifty, Banknifty & Finnifty Intraday LevelsHello traders
Today we have bearish view so let the price to reach at resistance levels and form proper resistance then make any position
dont sell if its directly goes towards support zone, you have to make sell position when it is trading at resistance
dont jump blindly
comment if you want to ask something
#finniftyGood morning! As of July 26th, the global market is starting positively, with GIFT Nifty showing a +12 point increase from the previous session. The market seems to be moving in a range without significant differences compared to before. It's moderately bullish, meaning there's an upward bias. We might see a slight gap-up opening. If the market stays within the range, it's likely to continue going up without a big drop. However, be cautious of a potential correction if it breaks below the immediate support zone
25 Jul ’23 Post Mortem on FinNifty | 209pts up in a weekFinnifty has actually moved up 209pts ~ 1.03% between the last expiry and today. What this means is the recent reversal in Nifty is yet to reach the financial service index. Moreover the finance sector esp. Banks were looking strong throughout the last week.
FinNifty had a decent expiry today, closing almost flat +0.13%, well it is quite hard to believe when it had almost fallen 0.95% ~ 196pts from the open to 13.35. It was harder to see how it recovered 0.85% ~ 173pts from that in the short interval 13.35 to 14.55. If not for the V shaped recovery we would have had not so exciting weekly gains!
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