#IRCTC
A brief consolidation, before continuing to move in prior direction of the trend.
Broken past the converging trendlines; A follow-through here and a closing above 4019.70 would bring in the targets of 4240 followed by 4450.

More from Gurleen
Post the Harmonic reversal, Amongst the Pharma sector; #DRREDDY is 10% down.
Strong sell-off, There's a high probability of 4874.80 getting breached. Immediate support at 4700.20
#StockMarket https://t.co/J61wgJdzX7

#CNXPHARMA
— Gurleen (@GurleenKaur_19) July 27, 2021
Strong Breakdown but it continues to hold above a crucial support level of 14183.65
Support staying intact or A slip below this level would lead the Index either side. #StockMarket pic.twitter.com/qgBZKB4Cyo
More from Irctc
1. Still 200/400 point movement left as per Ascending Triangle Pattern.
2. Stock perfectly moved according to the classic pattern.
3. Next level to watch now 3500-4000
4. Support near 2600-2800 https://t.co/VrUhS85Rml

NSE:IRCTC 1775 +2.78%
— Mr. Chartist (@Mr_Chartist) February 26, 2021
-Cup and Handle breakout
-Support at 1600/1650
-Next levels at 1900/2000/2100++#TA pic.twitter.com/LxpPTI0rB6
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Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020