To begin with, determine whether Bank Nifty is trending, consolidating, or stuck in a range.
Why?
Cause we can predict what it will do then.
#BANKNIFTY
— Nikita Poojary (@niki_poojary) November 13, 2022
4. Hourly TF:
\u2022 S/R mentioned on the charts.
\u2022 Moving within the rising channel.
\u2022 41300 zone is a good level to go long in case any reversal pattern.
\u2022 40800-850 would act as a first pullback post BO, good levels to go long on positional basis. pic.twitter.com/E2x9DCKY0s
I gathered 15 examples of Weekly Bank Nifty analysis
— Aditya Todmal (@AdityaTodmal) December 2, 2022
By @niki_poojary, chronologically:
Save 100+ hours researching.
A thread: \U0001f9f5
Do you want to know how to create a Trading Plan using only Price Action?
— Nikita Poojary (@niki_poojary) October 26, 2022
Here's a breakdown of 11 simple yet powerful steps to create one: \U0001f9f5
Collaborated with @AdityaTodmal
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K
10 Powerful concepts every trader should know (to become better) and more: \U0001f9f5
— Aditya Todmal (@AdityaTodmal) September 7, 2022
Collaborated with @niki_poojary
Some people think technical analysis is useless. But we use technical analysis in all our trades.
— Nikita Poojary (@niki_poojary) September 3, 2022
Here's a list of 13 technical analysis books to help you learn and grow: \U0001f9f5
Collaborated with @AdityaTodmal
10 excellent sources that offer FREE options trading courses (and which will advance your career): \U0001f9f5
— Aditya Todmal (@AdityaTodmal) September 16, 2022
Collaborated with @niki_poojary
Things I know after Trading for 5 years that I wish I knew in my 1st year: \U0001f9f5
— Aditya Todmal (@AdityaTodmal) September 17, 2022
Collaborated with @niki_poojary
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.
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
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
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