Optionstrading
BANKNIFTY ON 15 mins chart Banknifty is getting weaker every time it tries to touch 200 ma. Before closing of the day, BNF tried to break MA but couldn’t sustain. Based on price action we can analyze that there’s a breakout of a trendline but it’s fake because we have 200 ma just above the current price. Also we have a good Fibonacci 38.2% level that can act as a reversal. So looking at ever data available we think BANKNIFTY maybe end in RANGE MARKET between 33500- 34500. Tomorrow by opening if BANKNIFTY opens above 200 MA look for long positions but if BNF sustains below 200 ma , one should look for hedging or short position.
IRON FLY STRATEGY FOR NIFTY 10 MAR EXPIRYIron Fly is a non directional strategy that works very well in a sideways market. I was of the view that the market would be sideways for the reasons mentioned in the video. This worked very well for the weekly expiry and it is used very often in confusing markets such as this.
This was one of my first attempts at vocally explaining strategies so I may not have been as clear in the details.
Let me know if you have any questions about this strategy in the comments. Please LIKE if you would want to see more content like this. :)
NIFTY TRADE SETUP FOR MONDAY
I had share with you live trade setup on Friday
after 200 point gap down opening.
Please have a look to that chart and you will understand ,
how we adjust our trade and view.
Monady i will continue with Sell on rise strategy till nifty trade below 14700-14750.
Level mention on Chart.
If you have any question regarding setup or Nifty
,Please message me .
Once again Thanks for your Love and support .
Nifty Expiry Trendline Analysis_280121A hugely volatile day observed following global cues. Flag patter in observed on 1 minute chart with a downside breakdown however, it is near a support zone. Wish to see the support would be held and continue with sideways movement.
Breakout visible at the end of the screen capture!
BANKNIFTY LEVELS* POWER PACK BREAKOUT REQUIRED @ 32613 *
Do your own research before using these levels.
These levels are useful for F&0 tradings.
Keep Learning and Start Earning.
The market will be volatile till Feb 1
* Be Careful while Trading Keep Strict StopLoss *
* MOSTLY FOR BEGINNERS *
Do your own research before using these levels.
These levels are useful for F&0 tradings.
Keep Learning and Start Earning.
The market will be volatile till Feb 1
*Be Careful while Trading Keep Strict StopLoss*
*MOSTLY FOR BEGINNERS
Nifty Options Expiry Trade_210121Price action suggested a weakness in the index, hence continued to add more option selling at 14800 CE and bringing the hedge down from 14900 CE to 14850CE, thus reducing the risk in the trade and improving the risk-reward.
Gap up opening was a bit of a scare initially for the Call sold position, however there was no decisive upmove which was a saviour.
Nifty Call Option Shorting Idea_21012021Yesterday, we entered into a trade for tomorrow's expiry. We also discussed about the presence of strong resistance around 14650 to 14660 levels for Nifty50, that is where we have observed some correction or reversal. Our trade for Sell 14800CE is intact, while we have shifted the short position of 14150PE to 14250PE which is a safe bet.
Megaphone Top in Bajaj Finance Daily.The chart pic above clearly shows a megaphone top formation on Bajaj Finance Daily Charts.
The arrows marked explains the probable trend. One needs to trade as per the price action upon Breakout above the trendline within the pattern or breakdown below the pattern support.
LIC HSG FIN: Chart set up & trading strategyLIC HSG FIN
CMP 403.20
- The stock is running in to a series of potential line of resistance around 404 / 418 / 424 / 439
Given the chart set up
One may consider selling LIC HSG FIN 440 Call Option for Jan 28 expiry
Lot size 2000
CMP 7.1
Max profit potential Rs 14200/- per lot. Yield potential of 8.5% on Margin Capital
Risk cover for a rise in price up to 447.10 till expiry
Take care & safe trading...!!!
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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 TUESDAYsome people ask me how do we know that it's going to break the support or resisitance .
frankly told you no one in this world knows. we all do work on probability.
technicals give you a view of the mass psychology.
best way is whenever the market approach your resistance or support sell the nearest call and put .and hedge the position to buy call or put .
in this way your profit will be less but you will never lose the money.
now tomorrow there is a chance market will be trading in a range .
options call and put writing is on 11400 - 11200 .
try to make different set up for the different market.
you should have minimum two setups.
1 for a trending market
2. for range-bound market
you can discuss with me any time.
please Like and share.
Thanks
NIFTY TRADE SETUP FOR TUESDAYNIFTY TRADE SETUP
Nifty has given us very easy money today. this kind of setup we get once in month .
Tommrow if market opens above 11260 and sustain we can go long with for target 11300 , 11340 , 11380.
if Market opens gap down below 11777 ... we will be on shorter side.
if market open flat then we can see a range bound market.
if market is range bound then i will sell option .mark swing high and low .on high sell call and on low sell put.
As i told earlier Market has 3 possibility only
1. going up.
2. going down
3.Range bound
Be ready for all three possibility .