#NiftyFMCG #CNXFMCG
CMP 36264 / ATH 42021
Index should correct upto 18K-21K range and then resume the rise towards 55K. Mark the level on index and buy FMCG stocks there for another 2x-5x gains in stocks.
#Index #Nifty #Investing
More from Harsh / 허쉬
#Tatasteel - 2 possible count options -
— Harsh Mehta (@_Harsh_Mehta_) June 8, 2021
Bearish - 5 waves complete (RED) and bigger retracement towards 700
Bullish - 3rd over (BLUE) and 4th goes towards 900 and then 1500+#Nifty https://t.co/ETBkbUkCO8 pic.twitter.com/an2EoHHxnU
Use 3Bar High on weekly candle to invest with stop at 3Bar Low.. 👇
One of the fairly easy and convenient method for investing is 3 Bar High/Low method on weekly candles.
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) March 26, 2021
Buy when stock price goes above High of previous 3 bars, continue till trend continues week after week, and sell out when Price goes below Low of previous 3 bars. pic.twitter.com/nnVCbMi84C
You May Also Like
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
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
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— 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
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0