Part 2 Ride The Big MovesBasic Option Strategies
For Beginners
Long Call – Buy call, profit if price rises.
Long Put – Buy put, profit if price falls.
Covered Call – Own stock and sell call, earn premium.
Protective Put – Own stock and buy put to protect against downside.
Intermediate Strategies
Straddle – Buy call + put at same strike, profit from volatility.
Strangle – Buy OTM call + put, cheaper than straddle.
Bull Call Spread – Buy lower strike call, sell higher strike call.
Bear Put Spread – Buy higher strike put, sell lower strike put.
Advanced Strategies
Iron Condor, Butterfly Spread, Calendar Spread – mainly for experienced traders looking for defined risk/reward.
Advantages of Option Trading
Leverage: Small investment controls large position.
Hedging: Protect stock portfolios.
Flexibility: Profit in rising, falling, or sideways markets.
Limited Loss: Buyers lose only the premium paid.
Risks in Option Trading
Premium Loss: 100% loss if option expires worthless.
Time Decay: OTM options lose value fast near expiry.
Complexity: Advanced strategies require precise planning.
Unlimited Risk: Selling naked calls can be disastrous.
Wave Analysis
Gold 4H Outlook – Buy the Dip or Fade the Drop?On the 4H timeframe, Gold is consolidating just below 3,600 after a strong bullish rally. The current structure shows price pausing near premium levels, with liquidity building both above 3,600 and below 3,530. This indicates engineered sweeps are likely before the next major move.
📌 Key Structure & Liquidity Zones (4H):
🔼 Buy Zone 3,572 – 3,574 (SL 3,565): Fresh demand zone at intraday discount; potential continuation level.
🔽 Sell Scalp Zone 3,530 – 3,526 (SL 3,537): Short-term supply/pivot area; scalp opportunity if rejection happens.
📍 Liquidity Magnet 3,603 – 3,605: Upside imbalance area likely to get filled.
📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Demand Zone Reaction
Entry: 3,572 – 3,574
Stop Loss: 3,565
Take Profits:
TP1: 3,585
TP2: 3,595
TP3: 3,605
👉 Demand block in line with bullish order flow. Watch for a liquidity sweep and rejection to fuel trend continuation.
🔻 Sell Scalp Setup – Short-Term Reaction
Entry: 3,530 – 3,528
Stop Loss: 3,537
Take Profits:
TP1: 3,520
TP2: 3,510
TP3: 3,500
👉 Intraday supply/pivot area. Best suited for quick scalp trades against the trend, targeting downside liquidity.
🔑 Strategy Note
Overall bias stays bullish, but intraday shorts can work for scalping purposes. The cleaner setup is to buy from 3,572–3,574 for continuation towards 3,600+. Smart money may attempt a liquidity sweep at 3,530 before pushing higher.
SILVERHello & welcome to this analysis
Silver in daily time frame appears to be in its 5th wave.
The larger impulse could end anywhere between $43.50 - 45 / INR 125000 - 129000. From there I expect it to retrace to $38 /INR 116000
MCX Silver will depend largely on $:INR movement.
Silver remains a strong commodity for medium to long term and all dips should be used to add.
All the best
Part 8 Trading Master ClassIntroduction to Options
Financial markets provide several instruments to trade and invest. Among equities, futures, commodities, and currencies, options trading has gained significant popularity worldwide, including India. Options are not just speculative tools; they are also powerful instruments for hedging, income generation, and risk management.
An option is essentially a derivative contract—its value is derived from an underlying asset like a stock, index, commodity, or currency. Unlike direct stock ownership, an option gives the buyer rights but not obligations. This unique feature makes them versatile but also complex for beginners.
To truly master options, one must understand not only the basic definitions but also pricing, market psychology, and strategies.
Basic Terminology
Before diving deeper, let’s go through the essential terms:
Option Contract: Agreement between buyer and seller based on an underlying asset.
Underlying Asset: Stock, index, commodity, or currency.
Strike Price: Pre-decided price at which the option can be exercised.
Expiry Date: The last date on which the option can be exercised.
Premium: Price paid by the buyer to acquire the option.
Lot Size: Minimum quantity for which an option can be traded.
European vs. American Options: European can be exercised only on expiry; American anytime before expiry.
Call & Put Options Explained
At the heart of option trading are two instruments: Calls and Puts.
Call Option: Gives the buyer the right (not obligation) to buy the asset at the strike price.
Buyers expect prices to rise.
Sellers (writers) expect prices to stay flat or fall.
Put Option: Gives the buyer the right (not obligation) to sell the asset at the strike price.
Buyers expect prices to fall.
Sellers expect prices to stay flat or rise.
📌 Example:
If Reliance stock trades at ₹2500:
A ₹2600 call may cost ₹50 premium. If the stock rises to ₹2700, profit = (2700-2600-50) = ₹50 per share.
A ₹2400 put may cost ₹40. If stock falls to ₹2200, profit = (2400-2200-40) = ₹160 per share.
Part 4 Learn Institutional Trading Introduction to Options
Financial markets provide several instruments to trade and invest. Among equities, futures, commodities, and currencies, options trading has gained significant popularity worldwide, including India. Options are not just speculative tools; they are also powerful instruments for hedging, income generation, and risk management.
An option is essentially a derivative contract—its value is derived from an underlying asset like a stock, index, commodity, or currency. Unlike direct stock ownership, an option gives the buyer rights but not obligations. This unique feature makes them versatile but also complex for beginners.
To truly master options, one must understand not only the basic definitions but also pricing, market psychology, and strategies.
Basic Terminology
Before diving deeper, let’s go through the essential terms:
Option Contract: Agreement between buyer and seller based on an underlying asset.
Underlying Asset: Stock, index, commodity, or currency.
Strike Price: Pre-decided price at which the option can be exercised.
Expiry Date: The last date on which the option can be exercised.
Premium: Price paid by the buyer to acquire the option.
Lot Size: Minimum quantity for which an option can be traded.
European vs. American Options: European can be exercised only on expiry; American anytime before expiry.
How Options Work in Practice
Option buyers have limited risk (premium paid) but unlimited profit potential (in calls if stock rises, in puts if stock falls).
Option sellers have limited profit (premium received) but potentially unlimited risk.
This asymmetric payoff structure creates a market where traders, hedgers, and institutions interact.
TVSMOTOR 1D Time frame🔢 Current Level
Trading around ₹3,490 – ₹3,526
🔑 Key Resistance & Support Levels
Resistance Zones:
₹3,550 – ₹3,556 (near-term resistance; breakout above this may lead to further upside)
₹3,600 (psychological resistance)
₹3,650 (stronger resistance above)
Support Zones:
₹3,510 – ₹3,520 (immediate support; failure to hold above this may lead to a decline)
₹3,480 – ₹3,490 (short-term support; a break below this could indicate weakness)
₹3,400 – ₹3,450 (deeper support zone if price dips further)
📉 Outlook
Bullish Scenario: If TVS Motor holds above ₹3,520, upward momentum may continue. Break above ₹3,556 can open the way toward ₹3,600+.
Bearish Scenario: If it falls below ₹3,480, risk increases toward ₹3,400 – ₹3,450.
Neutral / Range: Between ₹3,520 – ₹3,556, TVS Motor may consolidate before a directional move.
the last impulse wave is on the wayTata Motors Technical Analysis (CMP: 715)
Elliott Wave Analysis: The stock is in its 5th wave of the impulse wave, with a minimum target of 1000.
Fibonacci Analysis: Fibonacci confluence zones often mark the midpoint of a move. Given the midpoint at 533, the target of 1000 aligns with this structure.
Conclusion: With a potential upside of 40% from current levels, the stock remains an attractive buy opportunity, driven by its 5th wave target.
A strong move on the wayAtul Ltd Technical Analysis (CMP: 6392)
Elliott Wave Analysis: The stock appears to be initiating its 3rd wave, which typically signifies a strong and rapid price movement.
Fibonacci Analysis: To manage risk, stops should be placed below the Fibonacci confluence zones.
Moving Averages: The convergence of all MAs indicates the stock is poised for a directional move.
RSI Analysis: The RSI is at previous bull zone support, and the MA on RSI is converging, further suggesting an imminent directional move.
Conclusion: With these indicators aligning, I anticipate a strong move in Atul Ltd, targeting 9000 as the first milestone.
Apollo Hospitals – Wave 5 Approaches Completion at ATH ZoneAfter a strong multi-year uptrend, Apollo Hospitals now trades inside the projected terminal zone of Wave 5. The stock has rallied from its Wave 4 low near ₹6,002 and is advancing toward the Fibonacci cluster between ₹7,542 – ₹8,494, where 1.0x and 1.618x extensions converge.
The long-term channel has guided price action well: Wave 4 respected the lower boundary, and now Wave 5 is pressing near the upper half of the channel.
However, the RSI tells a different story . Momentum has been stuck in a falling channel, even as price climbs higher. This bearish divergence signals exhaustion — a common occurrence when a fifth wave approaches completion.
Key Takeaways:
Wave 5 is nearing its potential terminal zone.
Price resistance sits between ₹7,542 – ₹8,494.
RSI falling channel highlights weakening momentum.
Signs of exhaustion suggest caution at current levels.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NZDJPY SELLSNZDJPY tapped the top of daily supply, aligning with the 88.0 region. While 4H structure is bullish, higher timeframes take priority. Price already flipped 15M structure, giving early bearish confirmation. Short makes sense here with a conservative stop above the daily high. And also if you look at the daily timeframe you can see how bears are in control, 3 times stronger.
Couple of downside targets so let's see.
XAUUSD: Bullish Momentum BuildsHey traders, what’s your take on OANDA:XAUUSD right now?
Gold is holding strong, and the momentum today is clearly bullish. U.S. economic data shows inflation pressure remains sticky, while the labor market is losing steam. That combination boosts expectations that the Fed will keep rates steady—or even cut them soon. The result? A weaker USD and stronger safe-haven demand for gold.
Looking at the chart, XAUUSD is moving right in line with the Elliott Wave structure. Wave (3) looks complete, and we’re now in the corrective wave (4). If support at 3,525 – 3,550 USD holds, the setup points toward a push higher into wave (5), with a key target sitting in the 3,780 – 3,800 USD zone.
Bottom line: Fundamentals are backing the bulls, and technicals are lining up for more upside in the medium term.
How do you see gold playing out from here? Drop your thoughts in the comments!
Trade smart, stay disciplined, and good luck!
RELIANCE 1D Time frameClosing Price: ₹1,395.00
Day's Range: ₹1,380.50 – ₹1,396.30
52-Week High: ₹1,551.00
52-Week Low: ₹1,114.85
Market Cap: ₹18,87,780 crore
P/E Ratio (TTM): 25.30
Dividend Yield: 0.85%
Book Value: ₹1,100.00
EPS (TTM): ₹55.00
Face Value: ₹10.00
Volume: 7.4 million shares
VWAP: ₹1,388.40
BANKNIFTY 1D Time frame📉 Current Market Snapshot
Closing Price: ₹54,809.30
Day's Range: ₹54,580.35 – ₹54,852.25
52-Week Range: ₹47,702.90 – ₹57,628.40
Market Cap: ₹45,50,788 crore
P/E Ratio: 14.9
Dividend Yield: 1.09%
Price-to-Book Ratio: 2.03
1-Year Return: +5.87%
5-Year Return: +147.36%
10-Year Return: +12.5%
BAJFINANCE 1D Time frame📉 Current Market Snapshot
Current Price: ₹1,003.25
Previous Close: ₹970.25
Day's Range: ₹970.85 – ₹1,004.60
52-Week High: ₹1,004.60
52-Week Low: ₹645.10
Market Cap: ₹6,24,270 crore
P/E Ratio: 35.8
Book Value: ₹156
Dividend Yield: 0.44%
ROE: 19.2%
Debt-to-Equity Ratio: 3.74
Beta: 1.01
EPS (TTM): ₹28.00
Face Value: ₹1.00
BEL 1D Time frame📍 Current Price
₹399.30 (up 3.67% today)
🔑 Key Levels
Immediate Resistance: ₹400 → ₹405
Immediate Support: ₹390 → ₹385
52‑Week High: ₹436
52‑Week Low: ₹240.25
✅ Technical Outlook
Trend: Bullish momentum with strong volume
Indicators: RSI and MACD support upward movement
Market Cap: ₹2.92 trillion