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Richard Wyckoff distributiontarget 2000
1. You can buy just ITM puts which expire out 2 months. This strategy carries the most risk, but also has the highest profit potential.
2. A BETTER STRATEGY IS THIS: Sell WAY OUT OF THE MONEY, at least 20% OTM, call which expire out 1 month. This strategy carries less risk.
BHEL- Short term breakout tradeNSE:BHEL
Wyckoff stage analysis on hourly tf
- Strong stage 2 uptrend
- Low volume consolidation where stock is getting accumulated by smart money
- Momentum clearly visible on upside within accumulation, by range and volume of green candles
- Breakout with strong volumes, resumes the stage 2 mark up phase
- SL below 73
Gujarat Alkalies - Weekly BreakoutGujarat Alkalies has shown a strong weekly breakout from accumulation phase.
We would wait for a pull back to the channel to take an entry - around 380 levels.
Details mentioned in the chart.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.