Black Friday saleUp to 70% OFF

Strategy

HIGH AND LOW STRATEGYIN THIS VIDEO I HAVE SHOWN SOME IMPORTAND POINTS REGARDING HIGH AND LOW STRATEGY -High / Low strategy: Key Points -Understand the Direction of Market / Stock -with previous Day candles High & Low -Stock Selection: 2 to 7% work well with 52wk High/Low -Mark Support and Resistance in a Day time -Then check in 15 mins time frame frame -Keep SL as days low just before the Breakout/Breakdown -TGT can be Previous High or 52wk High and above (Use Support and Resistance) Do's & Don't -Preparation: After Day ends or Before Market Start in the morning -Risk Reward Ratio: can be 1:1, 1:2 and if you are lucky then 1:3 -This Strategy works only after 10 AM and before 3:00PM -Stick to the system for SL / TSL -Breakout / Breakdown : Entry in the trade after Breakout / Breakdown next candle. THIS ARE SOME SIMPLE AND IMPORTANT RULES OF USING THIS STRATEGY WORK ON FOLLOWING PONTS WHICH I HAVE MENTIONED IN ABOVE AND TELL ME YOUR RESUTS IN THE COMMENTS BELOW ALSO DONTS FORGOT TO LIKE AND SUBSCRIBE THIS YOUTUBE CHANNEL AND ALSO SHARE THIS VIDEO WITH YOUR FRIENDS . . . . THANKS FOR WATCHNG.......
NSE:BAJFINANCE
by gauravkale5528
2
Nifty: Derivatives data, Psychology & Today's movementNifty Closing Price 14146 Looking at the charts we observe Nifty was trading near Line of Resistance (look at my previous idea for more clarity) This is the Derivatives Data Analysis for Positions taken by various Market participants a day before Futures Data - Retail participants added 23.36 Index Futures Long Contracts & added 18.39 K Index Futures Short contracts - FIIs booked profits in 1.95 K Index Futures Long Contracts and exited from 423 Short Contracts - Proprietary traders added 312 Index Futures Long contracts and added 3.01 K Short contracts Call Option - Retail participants exited from 34.71 K Call Long Contracts & added 1.97 K Call Short contracts - FIIs exited from 20.25 K Call Long Contracts and exited from 15.15 K Call Short Contracts - Proprietary traders added 20.64 K Call Long contracts and exited from 21.17 K Call Short contracts Put option - Retail participants added 2.67 Lakhs Put Long Contracts & added 1.96 Lakhs Put Short contracts - FIIs added 16.69 K Put Long Contracts and added 34.02 K Put Short Contracts - Proprietary traders added 48.36 K Put Long contracts and added 1.02 Lakh Put Short contracts So we see Retail Participants were Index Futures Long and also major Net Put buyers FIIs and Proprietary traders on the contrary were major Net Put Sellers Nifty opened and stayed flat till 12:30pm not giving much to Futures buyer and also testing the patience of Put Buyers. In that time we also saw many accepting that Put buy is not working and some started squaring off their Put buy position and many started switching to Call Buy. Once that phycological shift happened we saw a one shot drop of 160 points between 12:30pm-2:00pm giving that what if...feeling. And then markets recovered back 100 points to close the day at 14146 ensuring both Call and Put closing in negative territory or flattish at best. My friends understand that Out of 6 hours and 15 mins daily trade time, that 1 1/2 hour of time is all what Put buyers had in their favor. Because after 2:00pm it was back in favor of Put sellers So that 1 1/2 hr time translates to just 24% favorable time frame for Option Buyers of the total trading time for the day.... So if you are buyer of an option this is what odds would look like and More so the reason why you need to analyze more in depth, do your home work and be prepared. Remember, there is no free lunch. If you have been following me, we had suggested a 13800 Put sell on January 1st 2021 and subsequently on Jan 4, we also suggested adding a Sell Position in 14200 Call Go on and hit the Play button on that chart and we are not far off from what we had predicted... Today we closed both the positions in profits. Follow and learn the tricks of Options trading...!!! Message in private for more details Take care & safe trading...!!!
NSE:NIFTY
by indiamarketoutlook