Strategy
Nifty range bound but negativeNifty got failed too sustain above 18200,
FII may not continued buying, I think todays positive consolidation happened because of local traders and investors,
Tomorrow if Nifty break support of 18060,
Short nifty,
Tgt 17990, 17945, 17900
SL 18150
Long side trade can be initiate only if Nifty sustain above 18225, On 15 minutes timeline, MACD is in negative direction but, In Daily chart it is in direction of positive cross over, so, If sustain above 18265, there will be a strong bullish view.
Nifty regaining strength ??Nifty closed in the middle of a 115 minutes channel,
RSI showing good strength,
MACD in negative mode,
Conclusion,
If opened above 18130, Short covering possible, which will take nifty 18175, 18200, 18225,
But as RSI at higher level, MACD slightly negative, sharp profit booking possible at higher levels,
If FII start buying, then only Nifty can continue rally,
Trade,
If opened and sustain above 18130,
Long Nifty,
Tgt 18175,18200,18225
SL 18075
Nifty Analysis for 9th NovNSE:NIFTY
⏺ 4/1 Hourly - As Nifty breaks the long time Resistance, we can see good up move after 18090
⏺ 15/5 min - same as above.
✅ Support - almost everywhere, 18000,17960
❌ Resistance - 18090
📈 Trend? - 100% up
(what this basically means is that you should avoid treading against the trend *whatever it may be* as it will not give you much points)
↕ Market movement - 250-300 pt
❗❗ Watch out for :
--> We can see a good up move above 18090, so be ready with calls.
--> This uptrend is after a very rough down side bleed. So it's likely to stay. So avoid taking puts.
--> We can easily see 18300 levels if we see strength in 1st hour of market.
--> Book profits as late as you can as the chance of a down move is very less. Don't target less than 150 points if you are taking trade before 10:45 am.
Accumulation phase in a rectangular box The stock is under accumulation for the past few months.The chart is self explanatory.Read the details given in the chart for a thorough knowledge.
Option sellers can use this script by doing strangle or straddle with break-even falling between 885-999 preferably.
This post is for educational purpose only.
BN Vertical Call 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 strangle.
In combination with this, if we buy much farther CE and PE, the short strangle 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 bearish , we are taking only the CE 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
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Buy 39500CE, Sell 38900CE
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 :)
Banknifty analysis for 13/10/21BNF trading in a parallel channel from 30SEP. right now it's at channel resistance level and my speculation is it may fall 150 points and consolidate for some time. apart from that it may fall as low as channel support level or may give breakout above side. wait for price action before jumping in the trade
NSE:WIPRO LongNSE:WIPRO
#Wipro trading @ Resistance zone and breakout will give positive momentum
Above candle closure and be traded options too.
Have a Happy trading.
Levels Perfectly captured & shared for FREE Everyday !!
If you like the analysis, Hit like button and share it with your friends to extend your Support.
NSE:IRCTC LongNSE:IRCTC
#IRCTC trading near Resistance and BO will have higher chances to give positive momentum.
All the levels mentioned on chart !!
Have a Happy trading.
Levels Perfectly captured & shared for FREE Everyday !!
If you like the analysis, Hit like button and share it with your friends to extend your Support.
$Bitcoin : Options Short StrangleVer.2 - 85%APY at 10 daysAfter the price spike last week volatility fluctuations has stabilized at around 70%. The idea is all about using a period relatively a stabilized price range and receiving income through the sale of options in a short-time period.
Flash Idea:
For income receiving, we sell two types of options within the framework of the trading channel with an expected price till September 24. By selling CALL option at the price of 49 000 we receive a premium of 15 USD for the contract of 0.01BTC. In addition, we sell PUT option at the price of 45 000 with an approximate premium of 12 USD.
Thus, we form an expected channel of price movement in the range between 45 000 - 49 000 for the upcoming ten days.
The expected profitability will be around 85% annual on the capital used, including a brokerage fee.
Risks:
If at the moment of expiration the price will exit the trading channel, losses will correspond to the difference between the current price and the nearest channel border.
How to ride on a swing trade ??? Ex :AMZNHow to ride on a swing trade?
One good strategy in price action is to use 21 EMA and ride on swing trades for short or long terms. 21-day EMA can be called as the Goldilocks of all moving averages. 5,8,13 can be too tight and 50,100,200 are too loose for looking at moving averages, hence 21 EMA can be considered as a powerful average.
In this strategy 21 EMA LOW and 21 EMA HIGH are plotted on the graph forming a channel. Any channel breakout up or down triggers a buy or sell respectively. The bar which detaches with the bar which pierced out of channel can be used as a buy or sell. Please remember this bar should be in the trend up or down respectively to the earlier bar which is piercing out of the channel and not at same levels. In uptrend, high of that second bar can be used to buy and in downtrend, low of the second bar can be used to sell.
Put stop loss of one bar below for uptrend and one bar above for downtrend. Keep trailing as per the risk appetite. We can add during the trend when the candlestick bars touches the channel line and again detaches itself to follow trend, same second bar high should be used as explained earlier for buy or sell respectively.
Keep raiding this trend until the bars touch lower channel in uptrend and upper channel in downtrend respectively. There are many ways to take profit as per your money management. Book profit at 1:2 or 1:3 or 1:4 etc as per the risk. One best way is to put trailing stop loss at high of every bar, it can also be at low but if the size of bar is big and in case of reversal of trend, that bar length of profit would be lost. If the bars are too big then half of the bar can be used for stop loss to average out of profit on reversal. If the bars are far away from channel profits can be booked.
This works very well for 1 hour and above time period. Certain stocks may not fall into this strategy due to way they operate or may very rarely follow the above 21 EMA channel pattern.
Above chart is an example and we tried to put strategy as simple as we can. Exceptions to strategies will always be there, so please back test as much as you can to understand this method.
Hope this helps to gain a bit of knowledge!
Please press like or thumbs up button, if you like this strategy, Thanks
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 sell 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
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Buy 35600PE, Sell 36200PE
Buy 38600CE, Sell 38000CE
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 :)
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 strangle.
In combination with this, if we buy much farther CE and PE, the short strangle 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
---------------------------------------------------------------------------------------------------------
Buy 34700PE, Sell 35300PE
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 :)
And thank you for the DMs. I am fine, was just preoccupied with some personal errands :)






















