I have shared many Banknifty Options Trading Strategies

Here's a Thread 🧵

Intraday Strangle Option Selling Strategy
"Smart Option Selling "

🧵 THREAD [MUST READ ] 🧵

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How to 𝗯𝘂𝗶𝗹𝗱/𝗯𝗮𝗰𝗸𝘁𝗲𝘀𝘁 a strategy ?
🔸 Idea/Hypothesis
🔸 Specify entry,exit, SL
🔸 Position Sizing and Risk Mgt.
🔸 Trade log and Backtest Report
🔸 Test in diff. market conditions
🔸 Optimise the strategy
🔸 Track Real Time
🔸 performance Deploy
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What is Closest Premium Range ?
Closest Premium is a strategy where we select options not based on strikes like ( ATM , OTM 100 OTM 200 etc) but rather based on premium values like 200 , 300 etc
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🔸 If select Closest Premium near 100 then this will be approx 600-700 points OTM on Friday ,300 Points Otm on Wednesday but Atm on Expiry day

🔸 So This is good for capturing decay on other days as we are selecting far away options and coming near Atm on Expiry
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𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝟭:  𝟵:𝟯𝟬 𝗔𝗺 𝟮𝟬𝟬 𝗖𝗣𝗥🔸 Time :  9:30 AM
🔸 Instrument : Banknifty
🔸 Strike : Nearest to 200 Rs be it any Strike price
🔸 Stoploss : 40% Per leg, SL move to Cost
🔸 Exit : 3:00pm or Stoploss
🔸 Days :Everday except thursday
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How to Draw
Support , Resistance and Trendlines ?
A Foundation of Stock Market !

A Thread 🧵
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What is Support and Resistance ?

⏫Support is an area for price , where it halts due to demand of the stock at that price .

⏬Resistance is an area for price ,where it halts due to Supply of the stock at that price .
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How to Draw S/R ?

You can use Any time frame for Drawing S/R and it works on all time frames .

Whenever the Price Reverses from an area for more than 2 times that area can be called as S/R .

You can use Line Tool Or Rectangle tool to plot this on charts .

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Types of Support Resistance
1. Horizontal
2. Moving Averages
3. Trendline
4. Psychological Numbers (100 , 200 etc)

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Reversal of Polarity .

Whenever Resistance Breaks , it tends to act as support and Whenever support breaks it tends to act as resistance

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Kolaru Pathigam-Thevaram hymn composed by ThiruGnana Sambandar- #Thread

In Tamil Kol means planets,Aru means cut- set of songs in Kolaru Pathigam addresses all Navagrahas& last 2 lines of every song with end a plea to Bhagwan Shiva to reduce/erase the ill effects of Navagrahas

கோளறு பதிகம் - This pathigam was sung by Thirugnana Sambandar at Thirumaraikadu Kshetram -Vedaranyam,Tamilnadu

Thirugnana Sambandar & Appar(Thirunavukkarasar) travelled together to various Shiva Alayam to spread shivam & bhakti among people.They both reached Thirumaraikadu.

Thirumaraikadu(Vedaranyam) -
Appar & Sambandar were asked to enter the temple through side entrance.The main door was locked by Vedas many years ago.Appar&Sambandar sang devotional hymns praising Shiva, after which the gates opened & closed.After which main door opened for all.

After darshan of Bhagwan Shiva at Thirumaraikkadu,Sambandar received a message to travel to Madurai.
During that time, Samanam was on the rise in the Pandya Kingdom.The Pandya King converted to Samanam.The Queen Mangaiyarkkarasi was a staunch Shiva devotee and was upset.

Kularchirai Nayanar ,Chief Minister of Pandya kingdom was in agony by the turn of events.Queen requested Kulachirai Nayanar to escort Thiru gnana Sambandar to Madurai.Kularchirai Nayanar met Thiru gnana Sambandar at Thirumaraikkadu & requested him to visit Madurai.

RANI NAIKI DEVI AND THE BATTLE OF KASAHRADA

Mohammad Ghori, the young Ghurid Prince conquered Ghaznavids in Afghanistan in the year 1173 CE. He conducted some successful raids into the Indian territory, which even Mahmud Ghazni & the Persians couldn't do.

First&foremost,Ghori invaded states of Multan &Uch in India.After this he turned to southern states of Gujarat &Rajputana.Everybody knows this about Ghori,but what most pple r unaware of is the defeat he suffered at hands of Chalukyan Queen Naiki Devi in 1178 Battle of Kasahrada.

When he marched southwards, his first target was the prosperous fortified town of Anhilwara Patan.
It was the capital of Chalukyas(also known as Solankis of Gujarat) which was established by Vanraj of Chapotkata Dynasty in 8th century.

American historian Tertius Chandler states that it was the 10th largest city in the world at that time. The history of Chalukyas has been written by many historians, but the valour of the Great Queen Naiki Devi remains unsung.

Born to the Kadamba King Paramardin of Goa,Naiki Devi was well trained in sword fighting, horse riding, strategy & every other subject of Statesmanship. She was married to King Ajaypala of Gujarat who sat on throne in 1171CE. Unfortunately,the King died within 4 yrs of his rule.

IT WAS RISHI KANADA WHO GAVE THE ATOMIC THEORY & TALKED ABOUT THE GRAVITY OF EARTH, 2600 YEARS BEFORE AN APPLE FELL IN FRONT OF NEWTON'S EYES:

Scientists of the modern world credit an English scientist John Dalton (1766 CE -1844 CE) for the Atomic Theory.

And this is because, most of us are not even aware of an ancient Indian Sage named Kanada, who was the first to formulate the theory of atoms, almost 2600 yrs before Dalton and talk about earth's gravity.

Rishi Kanada was born around 600 BCE in Dwarka, Gujarat and he was the son of a philosopher named Ulka. He was fascinated with the minute detailing of the things right from his childhood. Once, when he was very young, he accompanied his father on a journey to Prayaga.

He saw plentiful grains scattered along the path leading to the shore of river Ganga. It's a tradition in Hindu families to scatter the grains for the ants and birds to feed on them. Suddenly, an ant caught his attention, who was feeding on a rice grain.

He was mesmerised by this very fact that how a small grain of rice becomes food for the ant but to satisfy the hunger of a person so many grains are needed together. This incidence made him realize the importance of a single grain of rice.

@SaveToBookmarks Hello! There you go! Original tweet by @AchuthArora: "@Artofphysique_ @buzz_chronicles @rattibha @SaveToBookmarks save as Workouts". Cheers! 👌

Hi! Saving all night and all day :) Original tweet by @SaveToBookmarks: "@AchuthArora @Artofphysique_ @buzz_chronicles @rattibha Aye aye, captain👮‍♀️!

I...". See You soon! 👉

Personal Prayer Walk Chronicles, 11th March, 2023...

I REALLY HAVE A ?? this mornin

Anyways, Woke up this mornin with so much energy(glory to God), at a time, I was considering walking from ABEOKUTA- Ibadan just to show that my frenemy, Pst. @Abel2goupOla that I was fitter.. 😂

Anyways, I set out early praying in tongues, which is my usual practice, but, midway, I decided to listen to one of the audio messages on my phone. The lot fell on Pst. E.A. Adeboye's message, titled, "THE CREATIVE POWER OF GOD'S WORD"

His Word can CREATE, CALL FORTH, CANCEL,

OBTAIN etc. It can serve in every capacity and can do all things, even d imagined stuffs can b brought to manifestation.
📌
Making time to study His Word is really underrated. Many today just glance thru & rush off. This will not help. We must make time in d midst of no time.
📌

Now, indulge me to ask you these simple questions.
📍
When was the last time you came to the altar of Prayer, just to guage your relationship with God?

Have you noticed or observed that, We monitor almost everything in our lives?

From the petrol in our car to that in our generators.

We monitor the money in our banks as well as that in our pocket....

#We monitor our performances at work and those of our subordinates...

#We monitor our health,