More from Dare2Dream
#Metals Expecting metals to do well from here. I am marking two levels, first one is bullish above, second one is a weekly closing stop for long trade. Posted about metals earlier as well, so just an update
#TataSteel 1483/1367 #JSWSteel 733/664 #SAIL 128/112 #Nalco 86/71 https://t.co/ENmCqITEmA
#Hindcopper 150/109 #Hindalco 450/399 #Vedl 307/260 #Hindustanzinc 345/293
#GPIL 1420/1084 #Sardaenergy 747 / 614 #JindalPowerSteel 428/357
#TataSteel 1483/1367 #JSWSteel 733/664 #SAIL 128/112 #Nalco 86/71 https://t.co/ENmCqITEmA

Could be time to book out of large cap IT, if #Dxy continues to correct, fund flow could again chase risky assets #Banks #metals #midnsmall caps.
— Dare2Dream (@Dare2Dr10109801) August 23, 2021
Just my observation.
Below todays lows on small cap index could be game over for now. But looks like a ABC corrective done
#Hindcopper 150/109 #Hindalco 450/399 #Vedl 307/260 #Hindustanzinc 345/293

#GPIL 1420/1084 #Sardaenergy 747 / 614 #JindalPowerSteel 428/357

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There are many strategies in market 📉and it's possible to get monthly 4% return consistently if you master 💪in one strategy .
One of those strategies which I like is Iron Fly✈️
Few important points on Iron fly stategy
This is fixed loss🔴 defined stategy ,so you are aware of your losses . You know your risk ⚠️and breakeven points to exit the positions.
Risk is defined , so at psychological🧠 level you are at peace🙋♀️
How to implement
1. Should be done on Tuesday or Wednesday for next week expiry after 1-2 pm
2. Take view of the market ,looking at daily chart
3. Then do weekly iron fly.
4. No need to hold this till expiry day .
5.Exit it one day before expiry or when you see more than 2% within the week.
5. High vix is preferred for iron fly
6. Can be executed with less capital of 3-5 lakhs .
https://t.co/MYDgWkjYo8 have R:2R so over all it should be good.
8. If you are able to get 6% return monthly ,it means close to 100% return on your capital per annum.
One of those strategies which I like is Iron Fly✈️
Few important points on Iron fly stategy
This is fixed loss🔴 defined stategy ,so you are aware of your losses . You know your risk ⚠️and breakeven points to exit the positions.
Risk is defined , so at psychological🧠 level you are at peace🙋♀️
How to implement
1. Should be done on Tuesday or Wednesday for next week expiry after 1-2 pm
2. Take view of the market ,looking at daily chart
3. Then do weekly iron fly.
4. No need to hold this till expiry day .
5.Exit it one day before expiry or when you see more than 2% within the week.
5. High vix is preferred for iron fly
6. Can be executed with less capital of 3-5 lakhs .
https://t.co/MYDgWkjYo8 have R:2R so over all it should be good.
8. If you are able to get 6% return monthly ,it means close to 100% return on your capital per annum.