Options
COAL INDIA | C&H formation POSITIONAL OFFER 🏆COAL INDIA | C&H formation POSITIONAL OFFER 🏆
Entry after ₹ 162 / Target max ₹ 188 according to fibbo levels given in the chart.
Self explanatory chart.
Breakout alert ahead.
Always take trade above/below the candle which closes pre high/low
I will daily post intraday/swing/positional trading opportunities
so u can analyze and get the most from it. if you like my analysis do like and follow me as a token of appreciation & if you have any queries let me know.
I have also posted my views on stocks which on the verge of breakout check the below links
BN Vertical Put credit spreadFollowing trade is for educational purposes only. An Iron Condor is an option strategy, where the expected outcome for next week is range-bound.
A CE option mentioned below is a European Call Option, while a PE option is a European Put.
A hedger always buys these options and a speculator mostly sells one.
But when the speculator only sells these options, the risk involved is unlimited and the margin requirement is also high. This is called naked option selling. When both CE and PE are sold, it is called a short straddle.
In combination with this, if we buy much farther CE and PE, the short straddle becomes an Iron condor. Here, the idea is to capture the option premium in a range-bound market with reduced risk and margin compared to short straddle.
The spread between buy and call leg is based on optimum use of margin. Since the option premium is credited to us in advance, it is also a credit spread.
Since this week the view is bullish, we are taking only the PE leg of Iron Condor. As the week progresses, additional trade may be added.
Please leave a comment if you need further clarification on the following trade
---------------------------------------------------------------------------------------------------------
Sell 34500PE, Buy 33900PE
The history of trades of this trade model is in the following link:
docs.google.com
My concept of trading is not to be an overnight millionaire, but a disciplined method to grow the wealth that you own.
Please leave a like if you like the trade ideas :)
ICICI Bank: Chart set up and Trading strategy...!!!ICICI BANK
Chart view and strategy suggested in chart
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty: F&O Strategy for 24 June expiryView and strategy given in chart
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
NIFTY TRADE SETUP FOR TUESDAY Tomorrow I will trade carefully as per opening. If market opens above 14620 ..Then again I will buy on dip till market trade above 15550 -15520.
If Market opens below 15520 then I will sell on rise till 15620 . If market open between 115520- 15600 . we might see a range bound market .
Let the market set a range in 30 min and then set your trade accordingly.
Reliance Industries - 2700 to 2800 this year?Technical viewpoint
------------------------
Reliance Industries is in a parallel down-trend zone since late July 2020, that is about 10 months.
On Friday reliance had the highest OI in FnO June series with roughly 132000 contracts volume.
On the same day the stock shot up 6% and crossed 20, 100 & 200 DMA.
Currrently it is trading just below 0.5 Fibo levels. So a profit booking on the immediate is expected with a support on levels 2040 and 2020.
Options' Data
----------------
On the 1st trading session of June FnO series, a huge OI increment can be seen @ strike 2200 with total OI 12155 contracts followed by strike 2100 and 2300 respectively.
Current Put-TO-Call ratio is 0.5 which is bullish.
My own psychology
-----------------------
Reliance is the most heavy-weight stock in our Indian stock market with the highest weightage in Nifty 50. As nifty 40 closed @ all time high in the last trading session, only about 6-7 stock out of 50 are trading on their all-time high levels while reliance is almost 13% below its all time high. To give you an idea about how powerful RIL is, on Friday and nifty closed about 97points higher and RIL contributed about 91 points out of 97 points alone.
Also Nifty Energy index is at almost al-time high and again RIL is the most heavy-weight stock in the index. Since all time highs can be seen as a potential resistance for the market, nifty may come down to 15100, 15000, 14800 & 14700 levels. Though the probability of this fall turning out to be true is very less but not impossible. But in any way, RIL has to shot up some more % to come to the all time highs.
NIFTY : Breakout AnytimeBias for Friday: I expect positive day scaling to new highs. There is no real overhead resistance that I see. So NIFTY can jump the red zone very fast or consolidate a little bit. If it's a largely positive day, gap up 1%+ and then holding that gap for rest of the day, some mild profit booking is logical before traders on the long side take some profits before the weekend.
I have bought 14400/14500 CE debit spread @ 38.80 Rs. SL is close or trading 1 hr below 15150. I expect to hold this till Monday morning.
BN Iron CondorFollowing trade is for educational purposes only. An Iron Condor is an option strategy, where the expected outcome for next week is range-bound.
A CE option mentioned below is a European Call Option, while a PE option is a European Put.
A hedger always buys these options and a speculator mostly sells one.
But when the speculator only sells these options, the risk involved is unlimited and the margin requirement is also high. This is called naked option selling. When both CE and PE are sold, it is called a short straddle.
In combination with this, if we buy much farther CE and PE, the short straddle becomes an Iron condor. Here, the idea is to capture the option premium in a range-bound market with reduced risk and margin compared to short straddle.
The spread between buy and call leg is based on optimum use of margin. Since the option premium is credited to us in advance, it is also a credit spread.
Please leave a comment if you need further clarification on the following trade
---------------------------------------------------------------------------------------------------------
Sell 33900PE, Buy 33600PE
Sell 36600CE, Buy 37200CE
The history of trades of this trade model is in the following link:
docs.google.com
My concept of trading is not to be an overnight millionaire, but a disciplined method to grow the wealth that you own.
Please leave a like if you like the trade ideas :)
Maruti Ready for 7000Hello traders,
MARUTI Suzuki is getting ready for the 7000 rocket launch!
Just in a matter of 3 to 4 trading weeks.
Positive news over Maruti in the auto industry gives a better push to reach the expected level (7300)
Equity buyers can buy at the current level at wait for another 2 weeks or beautiful results!
For F&O is a new month for you guys!
So, plan accordingly with your risk management techniques and diversification of stocks.
Option Buyers can enter at between 6960 to 6989 levels , expected to reach 7300 in few weeks.
Follow the page for more sure shots stocks !!
The given details for educational purpose only, am not SEBI registered advisor.
NIFTY FUTURE IS LOOKING VERY STRONG Nifty Future is looking strong, it will touch 16000 mark very soon. As per yesterday's option writing 14800PE has 34,696 Lots addition and 14800CE negative 12,261 Lots which indicate it will act as strong Support for the market near future or this month.
14900PE has 20,384 Lots addition and 14900CE -8089 Lots so no addition in Call side indicate it will also a strong support.
15100CE has 5426 lots addition and 15100PE 1650 lots will act as resistance (but if PE side more build-up happen today then can break)
15200CE has 7513 lots addition and 15200PE 1563 lots addition which is highest yesterday's option building in Index. Then 16000CE 4248 lots writing.
So I am expecting we will see 16000 mark very soon may be this month before expiry.
Note: All Option data is as per NSE F&O Bhav copy dated 17-05-2021 Cumulative Option OI.
And Like if you find helpful or dislike also if not helpful; but do something...!