Nifty hourly and minute charts.As I was unable to post hourly and minutes chart along with my previous chart I am posting here.5 waves up move after ending diogonal is shown in hourly chart. and in 30 minutes chart completion of C wave to day is shown at 23.6 percent level.Longby bijoy2526Updated 7
Dare to Be Different: John Templeton's Guide to Smart InvestingJohn Templeton: The Pioneer of Global Investing Hello everyone, I hope you're all doing great in your trading journey. Today, I bring you an educational post on one of the greatest investors of all time— Sir John Templeton . Known for his contrarian approach and global investing strategies , he turned market crises into opportunities, proving that disciplined investing can lead to extraordinary success. Let’s dive into his key principles and see how we can apply them to our own trading and investing journey! John Templeton’s Timeless Investing Principles Be a Contrarian Investor: "Buy when there’s maximum pessimism, sell when there’s maximum optimism." Templeton believed that the best opportunities arise when the market is fearful. Think Globally: He was one of the first investors to recognize the power of international markets. Diversifying across global opportunities reduces risk and increases potential returns. Avoid Market Euphoria: Templeton warned against following market fads. When everyone is rushing into an asset, it's often overpriced. Focus on Fundamentals: Strong earnings, solid management, and long-term growth potential matter more than short-term trends. Be Patient & Disciplined: Investing is a long-term game. Templeton’s strategy emphasized holding great investments through market cycles rather than seeking quick gains. Control Emotions: Fear and greed are an investor’s biggest enemies. Staying rational and sticking to a strategy ensures better decision-making. Learn from Mistakes: Every investor makes errors, but the key is to analyze them, learn, and adapt your approach. What This Means for Traders and Investors John Templeton’s approach teaches us that patience, discipline, and a willingness to go against the crowd can lead to exceptional investing success. His strategies remain highly relevant, especially in volatile markets. Outcome By applying these principles, you can build a well-diversified and resilient portfolio while avoiding common emotional pitfalls in the market.Educationby TraderRahulPal1191
NIFTY MATHEMATICL LEVELS FOR THIS EXPIRYThese Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle. * Targets will be another level marked on chart * Stop Loss will be Low/High of that Breaking Candle. * Trail your SL with every candle. * Avoid Big Candles as SL will be high then. * This is one of the Best Risk Reward Setup. For Educational purpose onlyby StocksOptionBlaster7
Nifty50 Index Spot Intraday Levels - 11/02/2025🚀 Nifty 50 Spot Intraday Levels - 11/02/2025 ✨ Stay ahead in the market with accurate technical levels! 📊 📍 DRTP (Day Range Trigger Point): 23560 📅 Day Range: 251 📈 Long Position 🔹 Buy Above: 23599 🎯 Target 1: 23715 🎯 Target 2: 23811 ⛔ Stoploss: 23515 📉 Short Position 🔹 Sell Below: 23539 🎯 Target 1: 23405 🎯 Target 2: 23309 ⛔ Stoploss: 23623 🚀 How to Trade with Numro Trader Intraday Levels Buy Setup 🕒 Wait for a 5-Min candle to close above DRTP or Buy Above level. 📈 Confirm breakout with a candle breaking the high of the breaking candle. 🛒 Enter a buy order at the active level (DRTP or Buy Above). 🎯 Target: Aim for Target 2 (if coming directly from DRTP) 🎯 Or Target 1 (if coming from below DRTP). ⚠️ Exit Rule: Set stoploss 30 points from the active level. Avoid re-entering after achieving the target. Sell Setup 🕒 Wait for a 5-Min candle to close below DRTP or Sell Below level. 📉 Confirm breakout with a candle breaking the low of the breaking candle. 🛒 Enter a sell order at the active level (DRTP or Sell Below). 🎯 Target: Aim for Target 2 (if coming directly from DRTP) 🎯 Or Target 1 (if coming from above DRTP). ⚠️ Exit Rule: Set stoploss 30 points from the active level. Avoid re-entering after achieving the target. ✨ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. 📈 #Nifty50 #StockMarket #IntradayTrading #NumroTrader 🚀by NumroTrader7
04/02/2025 Nifty Breakout on Triangle Resistance Line Today nifty close above triangle resistance line but no breakout powerful reason no support volume . Today nifty volume is an average only then may be false breakout possible .Wait one or to days for proper direction Nifty Longby Trend-My-Friend7
#Nifty directions and levels for the second week of FebruaryGood Afternoon, Friends! 🌞 Here are the market directions and levels for the second week of February: Market Overview In the previous week, both markets experienced some fluctuations. However, the structures appear to indicate a range-bound market. In the upcoming week, the global market has several major events, including Fed Chair Powell's testimony, the Inflation Rate, Core Inflation Rate, PPI, Retail Sales, and more. On the local front, BJP has won the Delhi election, and it remains uncertain how the market will react to this. So, this week could be slightly volatile. The structure of both Nifty and Bank Nifty suggests a range-bound market. Typically, movements in a range-bound market are unstructured, so we should approach this conservatively. This means that if we identify a clear structure, we can enter; otherwise, the success rate may decrease. Let's take a look at the charts. Both Nifty and Bank Nifty exhibit the same structural sentiment. Current View: The current view suggests that after the sharp pullback has ended, a minor correction is in progress. We can usually expect a three-wave structure in this correction. If it continues, we can anticipate a minimum correction of 50% to 61% in the current swing. > After that, if it finds support at either the 50% or 61% level with a three-wave structure, it would indicate a continuation of the rally. > However, we should seek some reversal confirmation using certain parameters, such as the EMA 20 or a breakout at the 38% Fibonacci level. This is the current view. > Notably, due to the BJP's victory in the Delhi election, if the market starts this week with a bullish bias and breaks the previous high without forming this three-wave structure, we can also follow the upside levels. In this case, it could be considered an extension variation. Alternate View: The alternate view suggests that Gift Nifty indicates a negative start in the first session of the week. So, if a solid correction structure forms, the trend will likely continue once the price breaks below the 78% mark on the downside. Until then, we should consider both Nifty and Banknifty to be in a range-bound market. by Manickamtraders6
Technical analysis part 1Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories. Some traders follow something called the "10 a.m. rule." The stock market opens for trading at 9:30 a.m., and there's often a lot of trading between 9:30 a.m. and 10 a.m. Traders that follow the 10 a.m. rule think a stock's price trajectory is relatively set for the day by the end of that half-hour. How to perform technical analysis Identifying the trend. This is the first step in technical analysis for traders because trading strategies can either follow the trend or go against the trend. ... Drawing support and resistance levels. ... Establishing entry and exit points. ... Position sizing and risk management. Education18:00by SkyTradingZone338
Radhakishan Damani’s Investing Secrets: The Retail King of IndiaRadhakishan Damani: The Silent Tycoon of Indian Stock Market Hello everyone! I hope you all are doing great in life and in your trading journey. Today, I bring you an educational post on Radhakishan Damani , the billionaire investor, trader, and the visionary behind DMart. Often referred to as the “Retail King of India,” Damani is known for his low-profile yet highly effective investing strategies that have created massive wealth over time. Starting his journey as a stock trader in the 1980s, he quickly understood the power of long-term investing and value buying . Unlike most traders of his time, he adopted a patient and disciplined approach, focusing on strong businesses with scalable growth potential . His investments in consumer-driven businesses have made him one of India’s richest and most successful investors. Radhakishan Damani’s Iconic Stock Picks ✔ Avenue Supermarts (DMART): His biggest success story—DMart revolutionized India's retail industry, making him a billionaire. ✔ VST Industries: A tobacco company that has generated huge returns due to strong cash flow and dividends. ✔ Sundaram Finance: A conservative yet steady wealth compounder in India’s financial sector. ✔ Blue Dart Express: His bet on India's logistics growth played out brilliantly. ✔ HDFC Bank: A long-term wealth generator, riding India's banking sector expansion. Radhakishan Damani’s Key Investing & Trading Principles Invest in Consumer-Focused Businesses: Damani believes that businesses catering to everyday consumer needs offer steady long-term growth. Quality Over Quantity: He focuses on a few high-quality companies rather than diversifying across too many stocks. Patience is Power: Investing is not about quick profits; he holds his investments for decades to maximize wealth. Contrarian Approach: He invests in undervalued stocks when others ignore them, leading to massive gains later. Simplicity Wins: His philosophy is to keep investing simple —buy great businesses, hold them, and let compounding do its magic. Strong Business Models Matter: Damani only invests in companies with solid fundamentals, consistent earnings, and efficient management. What This Means for Traders & Investors: By following Damani’s approach, traders and investors can focus on long-term wealth creation, patience, and identifying businesses with real-world demand. Outcome: Applying these lessons can help traders and investors stay disciplined, avoid unnecessary risks, and build a strong portfolio over time. What’s your biggest learning from Radhakishan Damani’s investing journey? Share your thoughts in the comments!Educationby TraderRahulPal8
Nifty uptrend..or trap?A,B,C waves of the up move has been completed with C wave being ending diogonal. The up move has started.whole of the C wave is likely to be retraced then traget comes to 24426.I need 3 to 4 updates to complete this analysis as superimposing in a single chart will be confusing.after completion of ending diogonal nifty has touched target 1 and target 2 is pending whuch is 24426 wave 2 of ending diogonal.Up to target 1 nifty seems to be completed wave 1 and this two days retracements seems to be wave 2 which is 23.6 percent retracement of wave 1.this will be shown in hourly chart updates.In rare bull cases wave 2 retraces only 23.6 percent of wave 1.Normally it retraces 50 to 61.8 percent of wave 1.In 30 minutes time frame whuch will be shown again in another update A,B,C seems to be completed provides another complex correction does not succeeds it.fibonnacci time zone predicts major move tomorrow which happens to be rbi rate decision also. so question here after completion of ABC up move will start or it will be a complex corrction.If this post helps you like this post and follow me to get updates.Longby bijoy2526Updated 8
Option Chain AnalysisOption chain analysis is the process of evaluating the information provided in the option chain to identify potential trading opportunities. Traders use option chain analysis to evaluate the market's expectations of an asset's future price movements and make informed decisions about their investments. OI stands for Open Interest, which is the total number of outstanding option contracts that have not yet been settled. OI helps to gauge market trends and shows how many options contracts are still open. Higher open interest generally indicates higher liquidity and market activity for that contract. Use Graphs and Charts: You can plot the option chain data on graphs and charts. It will help understand the trends associated with different components of the option chain. Technical and Fundamental Analysis: Investors must analyse technical factors (associated with price) to make informed decisions.Education07:57by SkyTradingZone337
TECHNICAL ANALYSIS is DEAD...The Golden Days of Technical Analysis Are Behind Us—But Not for the Reasons You Think Technical analysis (TA) has been the backbone of trading for decades. Patterns, indicators, and price action strategies have helped traders navigate the markets, and they continue to do so. But here’s the problem—many traders don’t realize that TA isn’t failing them; their own biases and psychological blind spots are. The Ego Trap: Seeing What You Want to See In Thinking, Fast and Slow, Daniel Kahneman explores how our brain is wired to recognize patterns, even when they don’t exist. This leads to confirmation bias, where traders see a breakout forming because they want it to happen—not because it’s actually happening. For example, a trader spots an "inverse head and shoulders" pattern and immediately assumes the market is about to reverse. If the trade works, they credit their skill. If it fails, they blame the market. Rarely do they consider that their emotions, rather than TA itself, dictated their trade decision. This is where System 1 thinking (fast, intuitive, emotional) takes over. Instead of logically assessing risk and trade probabilities, traders rush in based on gut feelings. System 2 thinking (slow, rational, calculated) is what separates professionals from amateurs. Technical Analysis Works—If You Do TA hasn’t lost its edge. It works just as well as it always has. The issue is that most traders don’t use it properly. Instead of treating it as a tool for probabilities, they use it as a crystal ball, expecting certainty where there is none. A moving average crossover, a Fibonacci retracement, or a support zone isn’t a magic button—it’s a trigger for decision-making, nothing more. The real edge comes from: ✅ Context – Understanding market conditions, volume, and liquidity. ✅ Risk Management – No pattern works 100% of the time, but managing risk ensures long-term survival. ✅ Discipline – Sticking to a system without letting emotions take over. The Real Issue Isn’t TA—It’s You The reason many traders feel TA "doesn’t work" is because they don’t apply it correctly. They cherry-pick winning trades and ignore the losers, reinforcing their ego rather than refining their strategy. Instead of blaming the market, successful traders: Understand liquidity zones – Big players don’t trade based on MACD crossovers; they hunt liquidity where retail stops are placed. Combine TA with patience – The best setups take time. Rushing into trades out of fear of missing out (FOMO) is a losing game. Master psychology – A perfect setup means nothing if emotions cause you to exit too early or take unnecessary risks. Final Thoughts Technical analysis isn’t the problem. It never was. The real issue is how traders use it—often as a way to enforce their own ego, rather than as a tool for making high-probability decisions. The golden days of TA aren’t gone—it’s just that only those who master their psychology, risk, and strategy will truly make it work like a charm.Educationby keshevdugar6618
The Budget Effect- Key ObservationsThe market often reacts to major political or economic events, with people setting high expectations. These expectations, whether positive or negative, lead to wild market swings and hence higher volatility. However, when you take a look at the Nifty’s long-term chart, you’ll see that the impact of such events tends to be pretty small within the overall market structure. During a strong bull market, the market usually absorbs a big negative news. There might be a short-term dip, but within a few weeks or months, things typically stabilize, and the market resumes its upward trend. With the budget announcement coming up tomorrow, here are some key observations based on the budget’s impact on the market over the last five years, both in the short-term and long-term perspective: 🔘 Budget Week Trend: The market has generally closed higher in the budget week (meaning the close was above the open), except in 2020 when it ended in the red. Based on this, there are good chances that the market could close green this week as well. 🔘 Post-Budget Market Behavior: After the budget news, the market has mostly resumed its prior short-term trend, except in 2020. Here’s a quick note of what happened in previous years: 2021: The market consolidated for 11 weeks before bouncing back and resuming into its strong bull trend. 2022: The market was in a bearish phase from late 2021 and continued that trend for 19 weeks after the budget, despite some strong rallies in between. 2023: The short-term downtrend continued for another 7 weeks after the budget. 2024: The market consolidated for 15 weeks before picking up the bullish trend again. 2025: Since September 2024, we’ve been in a downtrend, so based on the last four years observations, it seems likely this short-term downtrend could continue for a few more weeks. 🔘 Breaking the Budget week Low: If the market is already in a correction before the budget, there's a chance it could dip further if the budget week low is breached. 🔘 Breaking the Budget Week High: Just because the market breaks above the budget week high doesn’t necessarily means we are going for a big rally. It could also lead to consolidation or a continuation of a short-term downtrend until a higher high is established. In 2025, any bullish move below 24858 would not confirm a change in short term trend. 🔘 Long-Term Bullish Trend: In all of the past years, after the short-term effects of the news is over, the market has resumed its longer-term bullish trend. Now this is up to a trader how he interprets these observations. A short-term trader might be looking for short term moves and short the rallies, whereas a long-term trader will focus on the long-term bullish trend and buy the pullbacks. So, what’s your approach? Feel free to drop a comment below, and don’t forget to like or share if you want more educational content in the future.Educationby Bravetotrade141492
How to trade in Nifty Tomorrow Nifty Prediction by Price Action Trading Strategy Nifty Support for Intraday - 23530 - 23550 , 23450 23430 , 23290-23330 Nifty Resistance For Intraday - 23730 - 23750 , 23780 -23790 , 23830-23850 Nifty Intraday Trading Setup Keep eyes on Nifty 23700 CE and Nifty 23700 PE If Nifty Moves Towards 23500 then NIFTY JAN 23700 CE (LTP- 92) target will be 130.-150 If Nifty Moves Towards 23800 then NIFTY JAN 23700 PE (LTP- 87 ) target will be 125 -145 Nifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis – 1.10 ( Bullish) Max Pain As per Option Chain Analysis – 23600 Major Resistance as Per Nifty Open Interest Analysis – 23850 Major Support as Per Nifty Open Interest Analysis – 23450 The market has a slightly positive bias based on the current PCR and open interest. However, with max pain and key resistance near **23,850**, there are moderate bearish possibilities. key strike Prices for Nifty Tomorrow - Bullish above 23,850 - Bearish below 23,700 Overall, the market is **neutral to mildly bearish**. Shortby manojshinde274
NIFTY Levels for February 6, 2025NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level. Note: This idea and these levels are only for learning and educational purpose. Your likes /boosts gives us motivation for continued leaning and sharing ideas. by RainingMoneywithTech5
Rakesh Jhunjhunwala’s Legendary Stock Picks & Investing Secrets!Rakesh Jhunjhunwala: The Big Bull of Indian Stock Market Hello everyone! I hope you all are doing great in life and in your trading journey. Today, I bring you an educational post on Rakesh Jhunjhunwala, one of India’s most legendary investors, often referred to as the Big Bull of the Indian Stock Market. His journey from ₹5,000 to billions is an inspiration to every trader and investor. Starting his journey in 1985, Jhunjhunwala believed in the power of long-term investing, market cycles, and the Indian growth story. He had an exceptional ability to identify undervalued stocks and patiently hold onto them for years, turning them into multi-bagger investments. Rakesh Jhunjhunwala’s Iconic Stock Picks ✔ Titan (TITAN): Bought at ₹3 per share, it became one of his biggest success stories, skyrocketing to ₹3,000+ over the years. ✔ Lupin (LUPIN): Entered the stock early and gained massive returns as India's pharmaceutical sector expanded. ✔ CRISIL: One of his early investments, where he foresaw India's growing need for credit rating services. ✔ Sesa Goa (Vedanta): A strategic metals & mining investment that paid off well over time. ✔ Nazara Technologies: His bet on India’s booming digital gaming industry. Rakesh Jhunjhunwala’s Key Investing Principles Conviction is Key: Jhunjhunwala always invested with strong conviction, backing companies with solid fundamentals and growth potential. Long-Term Wealth Creation: He believed in holding quality stocks for years rather than looking for quick profits. Market Cycles Matter: Understanding bull and bear phases is essential for maximizing gains and managing risk. Buy When Others Fear: He followed a contrarian approach, buying when others were selling in panic and exiting when the market was euphoric. Focus on Fundamentals: His investments were based on strong financials, management quality, and business scalability. Risk Management is Crucial: Even as a billionaire investor, he believed in managing risks and diversifying investments. What This Means for Traders & Investors: By following Jhunjhunwala’s principles, traders and investors can develop patience, identify strong companies, and ride long-term market trends with confidence. Outcome: Applying these lessons can help traders and investors build a disciplined, well-researched, and profitable investment approach. What’s your biggest learning from Rakesh Jhunjhunwala’s investing journey? Share your thoughts in the comments!Educationby TraderRahulPal6
Nifty 50 Ready for 24200?📊 Nifty 50 Daily Analysis 🔸 Current Resistance: Nifty is facing resistance at the 50 DMA and the top of the wedge pattern. 🔸 Market Structure: The structure remains Lower Highs (LH) and Lower Lows (LL), keeping the bearish trend intact. 🔸 Key Support Levels: Pivot 1: 23,534 (must hold for bullish momentum). Recent Swing Low: 22,783 (breaking this could push Nifty down to 21,800). 🔸 Upside Potential: If Nifty consolidates tightly above Pivot 1 with small candles, a breakout could happen with target 24,200. However, expect challenges with multiple resistances ahead. ⚠️ Challenges to the Uptrend: Average corporate earnings may limit optimism. Global factors like yields and economic data could act as headwinds. Nifty is below 50 and 200 DMAs, signaling weak sentiment. 📅 Key Upcoming Events: RBI Policy Meeting: Interest rate decisions 🏦 US Non-Farm Payroll Data: Impacting global flows 📈 Quarterly Earnings: Heavyweights’ performance 🏢 Budget Announcements: Fiscal policy insights 🗂️ Global Factors: Fed updates and crude oil trends 🌎 MSCI Index Rebalancing Summary: ✔️ Bullish View: A breakout above Pivot 1 may lead to 24,200. ❌ Bearish View: Breaking 22,783 increases the chances of a drop to 21,800. 👉 Nifty's upward journey won’t be smooth, so trade cautiously. by sagartharayil3
option chain analysisTo study an option chain, focus on the current market price, displayed in the centre. Analyse the built-up data to understand market direction based on recent changes in open interest and price. ITM call options are typically highlighted in yellow, making it easier to distinguish them from other options. Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.Education10:43by SkyTradingZone5
Nifty levels - Feb 10, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!by sacxe5
Trading Management and PsychologyTrading psychology refers to the mental state and emotions of a trader that determines the success or failure of a trade. It represents the aspects of a trader's behavior and characteristics that influence the actions they take when trading securities. Trading Psychology simply refers to the feelings and emotions of a trader experiences and the associated actions the trader takes as a result. Just like in any other aspect of life, understanding how our mind works can improve our ability to trade better, take more informed, rational decisions and calculated risk.Education27:01by SkyTradingZone336
Option and Database TradingOption chain analysis is the process of evaluating the information provided in the option chain to identify potential trading opportunities. Traders use option chain analysis to evaluate the market's expectations of an asset's future price movements and make informed decisions about their investments. The Option Chain is a table that contains the most critical information needed to purchase and sell options. We have previously discussed calls and puts, underlying prices, strike prices, expiration, and moneyness. The option chain is where all of this comes together (just like that map of the metro network).Education15:51by SkyTradingZone336
Important Timeframes in MarketThe best time frame for intraday trading depends on your goals, experience, and the stock you're trading. For beginners, mid-day hours with 15-minute charts offer a safer environment, while experienced traders can take advantage of the high volatility during opening and closing hours. The 3 5 7 rule is a risk management strategy in trading that emphasizes limiting risk on each individual trade to 3% of the trading capital, keeping overall exposure to 5% across all trades, and ensuring that winning trades yield at least 7% more profit than losing trades. happy trading!!!Education09:02by SkyTradingZone335
#Nifty directions and levels for February 10th:Good morning, Friends! 🌞 Here are the market directions and levels for February 10th: Market Overview There have been no significant changes in the global markets, which continue to maintain a bullish sentiment, as indicated by the Dow Jones. However, our local market is showing a moderately bullish sentiment. Today, the market may open neutral to slightly gap-down, as GiftNifty indicates a negative move of 30 points. The structure of both Nifty and Bank Nifty suggests a range-bound market in both higher and lower time frames. However, most of these range-bound movements are unstructured, so we should approach these charts conservatively. Below, I have shared some usual structures—let's take a look. Nifty and Bank Nifty structures differ slightly. Nifty indicates a minor correction, whereas Bank Nifty has a bullish structure. Nifty – Current View If the market opens with a solid decline, it could reach a minimum of 23,423, which is the pullback zone, with some minor consolidation. The correction is likely to continue only if the market breaks this pullback zone with a solid structure. Otherwise, it could re-enter the range-bound zone. Nifty – Alternate View If the market pulls back after a gap-down opening, it could reach the 50%–61% retracement zone. However, we should approach this conservatively, as there are multiple variations. For example, if the previous correction was the first leg, the current pullback could be the second leg. If the market rejects around the 61% level, then a third corrective leg may follow. This is just one possible scenario, so a conservative approach with breakout entries is better.by Manickamtraders3
Option Chain AnalysisUnderstanding Option Chain Analysis An option chain is a matrix consisting of all available contracts for investors. Option chains are available for individual stocks and market indices like NIFTY 50 and NIFTY 500. You can select a stock or a market index and find all available options through an option chain. The 9.20 short straddle strategy involves selling a call and a put option at the same strike price at 9:20 AM in Indian markets, aiming to capitalize on time decay and volatility.Education21:46by Optionclub4