#Nifty -- Going good so far forming triangle as expected.
Till it breakouts expect pendulum swings within this structure.
I am positive for 19300-20000 above 18350.
Bottoms 16800-17000 in place and 200dema at 16600. Dont see any big cut. @moneyworks4u_fa https://t.co/lceGFlDyRM
#Nifty taking a shape of triangle rather than CNH.
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) January 29, 2022
Confirmation point is same 18350 and targets also same as below \U0001f447
Traingle /CNH whats in a name as long as targets and Confirmation point is same. https://t.co/vfM1odTd94
More from Shivaji Vitthalrao🇮🇳
India Cement setting up for multi year breakout above 226 can do 340-370-400-450-500 and more in next 2-4 years. @entrepreneur987 @moneyworks4u_fa @TradeWithSandy pic.twitter.com/MbCPMnN6d9
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) May 20, 2021
More upside above 158.
Targets as given 200-212
#Hindcopper
Hindcopper cmp146+
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) July 6, 2021
Previous low 135 can be the SL for longs.
Possible short term bottom here CONFIRMATION ABOVE 158 for further upside https://t.co/iofvrn6l5b
105 is key, Bulls might defend for the time being. Once they fail during any downtrend Boy Bulls will be in serious trouble.
First targets 90-95 and worst case 65-70 (This i wil review later) https://t.co/RYaMwRQb7e
Angle 2 -- On Log scale its end of this upmove from March 2020.
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) August 24, 2021
No major support until 90-92.
Conclusion - any rise to 123-128 is a sell opportunity
Bullish only above 145. Personally not bulish.
Potential taregts on downside are 105-90#SAIL pic.twitter.com/yZv2WXwIMU
Below 336 I see 275 in few months as long as its trading below 388 on closing basis CMP 351. https://t.co/iMRpbTfOpU
Your analysis and sl saved my time and some bucks otherwise I would've lost much bigger amount,
— lavish gadia (@gadia_lavish) August 10, 2021
Can you share your views on praj industry @shivaji_1983
More from Nifty
Low made 17129.55
Objective 0.382% (17181) #done.
If nifty not sustain above today and high and gap remain gap than more downside open till Fibonacci retracement
0.50%(16893) and 0.618%(16604
#Probability
#NiFTY_50(17475)
— Waves_Perception(Dinesh Patel) \u092e\u0948\u0902Schedule Tribe) (@idineshptl) April 17, 2022
Daily chart and monthly chart.
Dail chart show Fibonacci retracement level 1st 0.236% done.
Next objetive is to test 2nd 0.382%17181 during the entire week and close near to it.#MACD#RSI pic.twitter.com/Bt9bJuHDFh
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Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
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How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
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1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
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— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
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Sold 29200 put and 30500 call
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Used 20% capital@44 each
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