I really love ❤ every tweet of @markminervini sir

But out them 5 are incredible 👍

Which are also summary of his book.

Here are that five 5⃣ tweets 👇

Top 10 price action (secrets) lessons which I learned after 6 years of experiences.

1⃣ - When market recover the strongest stocks recover very fast & will ready for new high

Ex -#gael

after correction of #nifty , it fell then again recovered very fast & furious way

2⃣ - If stock never come to retest it's weekly & monthly breakout zone then the chances of it's 2x is much more.

Ex - #datamatic after BO 5 year never retest BO zone & consolidating near high.

Chances of it's 2x is much more 🌠

3️⃣ If stock is giving BO of all time high or more then 1 year range with high volume then it can give 20/30% return in few weeks.

Ex -#mawana sugar after given 1 year BO of all time high given 22% return in 4 days

4⃣ - If its sector & market both are silent & only few stocks are trying to breakout then the chances of it's failure is very high.

Ex - #hindoilexp

In jan /feb trying to BO but market & sector didn't support so failed 👎

5⃣ - If stock is accumulating or standing near it's big resistance or support then it's chances of BO /BD is much more.

Ex - #sapphire food

From past 7 days was standing near major resistance chances of BO is very high....

My swing cash strategy ☢️
(In simple language)

1⃣ #stock selection process - always choose that stock which are consolidating near all time high

(Because whenever stock will give all time high breakout then it will easily give 20/30% return in 1/2 months

2⃣Volume analysis - In that consolidating period volume should be high of up move days then down move days. And last 3/4 month volume of accumulation is must higher then previous days.

3️⃣ fund diversification - always deploy your capital in 3/4 stocks, not more then that or not less then 3.

And, your 3/4 stocks must be from different strong sectors.

4⃣comunding magic - If you hold 10 stocks then if 2 stocks will give 100% return then portfolio impact is 20% only. (here time period is 8/15 months)

If you hold 3 stocks out of them 2 will give 40% then ur portfolio impact is 25%
(Here time period is 1/3 months)

5⃣sectors analysis - always choose that sector stocks which are near support or breakout stage.

If any stocks is out of nifty sector then u can open stock scanner website and check their peer charts.If out of 5 ,3 are strong then u can select that

Option selling strategy thread 🧵

*Capital must be above 6lac

*Target only banknifty (weekly expiry)

* Target 1/2% per week

* combine premium should above 100

Two types of strategy normally i use

⚡ directional

⚡Non directional (strangle)

⚡Direction - when banknifty & out of 5 major banking stocks 2 given breakout or breakdown.

(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)

✨Breakout - when #banknifty gives breakout & 2/3 banks looking strong.

Then mark swing low of #banknifty & start selling 200 points down strike puts and add more at support line.

If swing support broken then exit.

(Trending upmove)

✨Breakdown - when #banknifty gives breakdown range & (2/3 banks are weak or breakdown stage)

Mark it's swing high & start selling its 200 points above call .

If swing resistance broken then exit .

⚡Non directional (strangle) - when #banknifty and major banks all in range then mark their support & resistance zone.

Selling 200 points above calls of resistance zone & selling 200 points below puts of support zone.

When ever support & resistance break exit position .