(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)
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)
(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)
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)
Mark it's swing high & start selling its 200 points above call .
If swing resistance broken then exit .
Selling 200 points above calls of resistance zone & selling 200 points below puts of support zone.
When ever support & resistance break exit position .
& if range is far more away you can also select range in 2 hours chart .
70% of time #banknifty is range bound
I m sharing it very simply so that everyone could understand option selling easily.
@Mitesh_Engr
@AdityaTodmal
More from Vikrant
1⃣Open trading view in your browser and login trading view by ur mail I'd & select stock scanner in left corner down side .
2⃣ touch the percentage% gain change ( and u can see higest gainer of yesterday)
3️⃣ Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )
4⃣ Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.
5⃣ U can also select those stocks which are going to give range breakout of few year or months
6⃣If in 15 min chart📊 any stock sustaining near BO zone or after BO then select it on your watchlist
Now this is my 1000 stocks list you have to copy paste them in your trading view account.
https://t.co/jWBH98aKME
Full process is explained in my YouTube video (how to add 1000 stock)
Ex- #sastasundar after breakout 145/155 zone , stocks in 2/3 weeks given 30/40% return.
And in 2/3 months it was double 💞 https://t.co/9kkc3IV4Lo
I am going to make #priceaction breakout thread with real examples
— V\xb6k\u03c0nT (@Trading0secrets) June 24, 2021
By which u can easily find out blasting stocks.
it is only based on my experience of last 5 years
How many learners are excited \U0001f973
Show your love \u2764 by likes & retweets so that most new one can take advantage.
🌟Lesson 2 - if stock is making same pattern ( in 2 /3hours chart) after given breakout of (weekly /monthly chart) , then chances of stock going up is much more.
Ex - #HGS after given breakout of Trendline ( range) in monthly chart, again making same pattern 4 hours chart. 💞
🌟Lesson 3- if stock never come to retest it's weekly & monthly breakout zone then the chances of it's 2x is much more.
EX - #happiestmind everytime consolidating & making new high. 💞
@chartmojo
@charts_breakout
🌟Lesson 4 - when whole market fall still strongest stocks only consolidate or move down very little.
Ex - when this march market took correction 800/1000 points #jindalpoly just consolidating from that time.
Now ready for new high . 💞
🌟Lesson 5 - when market recover the strongest stocks recover very fast & will make new high.
Ex - #happiestmind when market take little correction & again bounce little , then #happiestmind made new high before market .
Based on my experience , these are the best time to trade breakouts intraday 👇
1⃣ When stock is doing small consolidation near major resistance & support
Here risk is very low,
Ex- #khaitanchem https://t.co/uGTZrfQOm4
In such volatile market I mainly trading intraday with low risk breakout setup .
— Vikrant (@Trading0secrets) February 18, 2022
Making thread \U0001f9f5 on Intraday breakout strategy.
And how I play & when you should avoid intraday.
Try to explain full BO intraday strategy
With examples
Will share thread \U0001f9f5 after completed\U0001f4af
2⃣ When previous BO of stock are very strong with high volume.
#geecee
3️⃣ When stock is accumulating in very tight range with low volume & BO with very high volume.
Ex - #jagsonpal
4⃣ When major trend of stock & market must match each other.
And that time their sector must be strong 💪
#tatamotors
5⃣ Recent example of intraday tight range setup for next week which is fullfilling all that criteria 👆👇
Ex - #NDTV
Here risk is 2/3% & reward is 8/15%
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
U can use trading view scanner for that.
How I turned 7lac account to 33lac in just 1 year only by cash trading.
— Vikrant (@Trading0secrets) October 14, 2021
Soon going to make full thread about my strategy of cash by which this happened.
And for cash hedging I started option selling in different a/c.
How many of u intrested for that thread? \U0001f499\U0001f49b\U0001f499 pic.twitter.com/wIyfE8fwfw
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 much higher.
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 different 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 company.