#Reliance - #daily

One still needs to wait for the further move, Straight move might cool off. Can be called the formation of cup & handle in progress.

@CAPratik_INDIAN @chartmojo @ca_mehtaravi

More from SACHIN JAIN 🇮🇳 

🧵 STOP wasting time searching for stocks.

Unlock the stock screener that makes it easy:

Check out the stocks that have broken through their 52-week highs on
https://t.co/qBvDaqyp9R. They are some of the strongest in the market, so be sure to consider technicalities when trading them.

You've definitely heard of Darvas. Here's your chance to put his strategy into action: https://t.co/bk82BA8MMF


Intraday lovers: https://t.co/7Y866T9bRt


Do you know that narrow range breakout gives a punching returns in short span- https://t.co/vYfluY3TEH

More from Reliance

You May Also Like

A THREAD ON @SarangSood

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.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


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.


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.