Compilation of the best learnings from @BankniftyA through his tweets.

Have compiled his:

1. Expiry day trading.
2. Trade logics.
3. Multiple Charts analysis.
3. BTST criteria for stocks.

Share if you find it helpful so that everyone can benefit.

https://t.co/z5ihwTjPCt

— Harsh (@HarshAsserts) September 11, 2020

When trading,moods will want to influence ur decisions

How to minimize:

-Have a backtested plan/system
-Know yourself(emotion and panic levels)
So trade size is important to keep ur emotions in check
-dont focus too much on pnl
-have a back up plan ready

& last stay positive!!

— Banknifty Addict (Gaurav) (@BankniftyA) December 29, 2019

Backtest the complete expiry and practice again and again till u develop conviction

— Banknifty Addict (Gaurav) (@BankniftyA) November 5, 2020

Support and resistance levels based on technical charts on various time frames.
Breaking any of the above, leads to a direction
and then only directional play.

— Banknifty Addict (Gaurav) (@BankniftyA) December 19, 2019

Premium is not fixed. Depends upon conviction on that strike.

Quantity again as per my conviction.

Suppose premium at 50,and I can sell total 5k qty, so here I will sell 1500 qty and keep on pyramiding once it started going down with volume.

— Banknifty Addict (Gaurav) (@BankniftyA) April 1, 2020

Bcz these days banknifty has become highly volatile and moves of 300-400 points comes within 5-10 mins

So sl of 20 points in option is too less
For selling : U need to play OTM options with less than 50 points premium and in the direction of trend.

— Banknifty Addict (Gaurav) (@BankniftyA) September 24, 2019

Very true... Only focus is which all strikes will be zero.

— Banknifty Addict (Gaurav) (@BankniftyA) October 17, 2019

Those who thinks OI data is the key to write options will be killed eventually.
Only experience will be the key to all the locks.

— Banknifty Addict (Gaurav) (@BankniftyA) June 26, 2019

If u trade expiry as per the trend with proper risk reward then i expect u to earn some xyz amount.
Out of that earned amount atleast 10% can be risked (where loss is limited) to get a returns like 5x-10x

— Banknifty Addict (Gaurav) (@BankniftyA) August 1, 2019

I agree that risk reward is not good when it comes to selling options.

But chances of winning is more in selling bcz of theta decay if u know the direction.

Importantly u also need to know how to manage your position when market goes in other direction.

— Banknifty Addict (Gaurav) (@BankniftyA) October 10, 2019

I do that.... Since day 1

Also we must re-analyze our loss making trades that what went wrong...and try not to repeat our mistakes
This improves accuracy

— Banknifty Addict (Gaurav) (@BankniftyA) November 14, 2019

Stocks to keep in radar for tomorrow
-Indusind Bank
-Muthoot
-Manapuram
-Maruti
-Ibulhsgfin
-Titan
-LT
-Kotak
-justdial

If u see any surge in Volume, then go in the direction of trend. Expecting ba trending movement in them within 1-2 days max.

— Banknifty Addict (Gaurav) (@BankniftyA) December 18, 2019

Dow theory. HH-HL
LH and LL

— Banknifty Addict (Gaurav) (@BankniftyA) August 1, 2020

Yesterday there were only call writers
And today in morning there were huge volume in buying side.
That was a clear indication of trap day and on trap day market usually don't give chance to trappers to exit(call sellers in our case)
So OI Data don't work in such cases

— Banknifty Addict (Gaurav) (@BankniftyA) January 2, 2020

These are called trap days. The moment bnf sustained the gap today ...meant it will trap call sellers who sold aggressively calls yesterday.

Generally it goes down for few minutes and immediately goes up and keep going up....
Also sometimes closes around days high.

— Banknifty Addict (Gaurav) (@BankniftyA) January 9, 2020

1)Never buy a put when market close around day high.Infact cut Ur position even in loss when u see market closing around day high

2) if market sustains the gap tomorrow morning & keep going higher exit.
When it gets rejection from higher level then hold til it don't take support

— Banknifty Addict (Gaurav) (@BankniftyA) June 6, 2020

If market sustains the gap and keep moving up, to trap shorters further. Exit loss making side. Hold only if u see rejections. And gap not sustaining.

Suggestion: whenever market closing around day high/low. Avoid short straddle/strangle bcz chance of gap up/down is there.

— Banknifty Addict (Gaurav) (@BankniftyA) June 6, 2020

At around 10.30 am when market made higher high and start going up. Got clear idea that it won't be a bearish day. And it kept on making higher high.
So was sure that market would end around day high.

— Banknifty Addict (Gaurav) (@BankniftyA) June 12, 2020

There's no rocket science behind it.

When OI start going down and price start going up where the whole day trend is negative, then shorters will run to cover their positions, which will ultimately move the price up and thus causing short covering. pic.twitter.com/dnTbb8vIFu

— Banknifty Addict (Gaurav) (@BankniftyA) August 17, 2020

Today's charts and graphical explaination pic.twitter.com/n7b2tTqIGn

— Banknifty Addict (Gaurav) (@BankniftyA) August 28, 2020

Correct

Add more.Once price move up sharply, and consolidate in a narrow range, means it is preparing for next up move (12:50-1:30 pm)

Also, the downmove was rejected(1pm around)with volume, now shorters will be trapped and market will close around high bcz of short covering. https://t.co/DfHicd5KNx

— Banknifty Addict (Gaurav) (@BankniftyA) September 16, 2020

Girana vala OI. Samjh ke bahar h...
U must avoid and follow price action pic.twitter.com/NeRtqiaT91

— Banknifty Addict (Gaurav) (@BankniftyA) September 10, 2020

Strong charts intraday, high volume compared to last 5 days, closing around high....

— Banknifty Addict (Gaurav) (@BankniftyA) September 11, 2020

Reliance
TCS
HUL
Hdfcbank
Airtel
HDFCAMC
3M
Sanofi
Abbott india

And many more which I am not able to remember.

— Banknifty Addict (Gaurav) (@BankniftyA) September 13, 2020