Identify INTRADAY index direction & execute trades

Twitter thread 🧵

One of the simplest way to identify and execute trades along with the direction

Retweet to benefit maximum

@Mitesh_Engr @ITRADE191 @hjyadav @ca_mehtaravi @ProdigalTrader @caniravkaria @itsmerajarshita

Rules to make it more easier

1/11
@learntotrade365

Chart example no - 1

2/11
@learntotrade365

Chart example no - 2

3/11

Chart example no - 3

4/11

People say that Part Time Trading is not easy.

I am a Part Time Trader for more than 7 years and I have been using most of these tricks in my own #trading.

Here are some free hacks for a Part Time Traders to generate additional returns along with their Job/Business 🧵:

1/ First select in what instrument you will trade or invest:

This question can be answered depending on the skills and your edge in trading.

I have my edge in Option Selling and Positional Trading.
So divided my capital in half in these two.

Note: It is not necessary to jump into Futures and Options Trading just looking at lucrative profit screenshot.

Always protect your capital and don't take huge risk.

Generate returns that give you peace of mind.

2/ Let's say you pick up Option Trading as edge.

Then you should have a proper setup that you will trade. It can be intraday or positional.

For Intraday, put alerts and Stoploss order in the system always.

For Positional as well, use alerts at Target Level or Stoploss.

3/ Let's say you pick up Cash Trading.

Then you will have to do all the chart analysis one day before. Then wait for your entry to get triggered in any stocks.

For that simply use alerts and you get notify if entry is triggered.

Lets start. This is going to be a long tweet. Please read seriously, your option journey will travel serious distance.

We will use 40500CE and BNF chart to get hold of the things.

Below is 1min chart of 40500CE weekly from 9/9/22 onwards. This week started from 9/9/22(Friday). This CE opened at 430 and hit a high of 499 at 10.35 AM.

The Corresponding level on BNF on 9/9/22 were BNF opened at 40601 and hit a high of 40753 at 10.38 AM.

Then on 12/9/22 BNF crossed 40753 and hit a high of 40770 at 12.40 PM (see the arrow in chart).

At the same time 40500CE hit a intraday high of 458 at 12.40 PM(see the arrow on chart).

Means BNF made new high by 20 points while this CE still fell short by 40 points approx.

So we can say that the chances of BNF moving higher is lower, reason being ITM CE is not making new high on Monday. (Forget - THEETA , GAMMA, MEETA----STAY WITH ME)

Now on 13/9, We opened gap up and made a new high of 40915 at 9.46 AM and then again this high was crossed at 2.47 PM at 40977. (Arrow dekho).

At same time , this CE made a high of 517 at 9.45 AM and then new high of 545 at 2.47 PM.

Price Action Trading ( Without Indicators)

Intraday Trading strategy for all Directional traders.

Intraday Trading Strategy Thread 🧵

Support us by RETWEET to reach and benefit maximum traders

Scroll down 👇

Trading is always a balance between Profit & Loss and there is nothing called 100% or 95% sure shot. So focus on the live price rest is noise

Chart 1

Scroll down for more examples👇

Chart 2

Scroll down for more examples 👇

Chart 3

Scroll down for more examples 👇

Chart 4

Scroll down for more examples 👇

Here's a super setup with a ~70% win rate & very high R:R for Options Traders.

Name of this setup is - FSC.

🧵

Principle - The First 5/15 min candle of the day is very important. It gives a good indication of what is going to happen with that Index/stock in intraday.
One of the many types of candles is 'Strong' candle.

A strong candle is the one that either has no wick or has a wick on the downside (for green candle) or on the upside (for red).
Now if this candle forms in the first 5 min of the day, it's called FSC - First Strong Candle.

Entry Criteria - Enter at 9:20 am on the Stock forming FSC in 5 Min TF. Go long if FSC is green, short if FSC is Red.

Instruments - Can go with Options, Futures or even cash. Remember this is an Intraday strategy.

SL - low of FSC.

Trailing of SL - using PA-based pivots. You can use VWAP too.

76 Super Tips to make killer profits doing Option Buying in #BankNifty

On the occasion of our 76th Independence Day.
🧵

76. BankNifty's move depends on moves of mainly 5 banks - HDFCBank, ICICI Bank, SBI, Kotak & Axis bank: track OI buidup & PA of these daily.

75. Open charts of each of these banks daily & see which is near an important resistance or support, that can affect BankNifty's movement immensely the next day - track that bank closely the next day.

74. HDFCBank (26%) & ICICIbank (23%) are the biggest contributor in BankNifty : give more importance to these two.

73. SBI, Kotak & Axis bank each contribute around 11%, but if two of them align with each other & HDFCBank & ICICI are neutral, they'll decide the direction.

72. SBI being the major PSU bank, can move opposite to these giants & create a turbulence, keep it in mind.

Vwap with Pivot Points

Intraday Trading strategy for Trend followers ( Will share also for mean reversion trader as soon as possible )

Intraday Trading Strategy Thread 🧵

Support us by Retweet to reach and benefit maximum traders

Scroll down 👇

A basic framework of the system with calculation using simple standard pivot point with default settings ( On Trading view traditional pivot points )

Always focus first on risk per trade and then reward

Scroll down for examples👇

Chart example no - 1 for Trend Followers. Read the wording in the chart image along with the above framework to understand in a better way

Scroll down for more examples 👇

Chart example - 2 . Using pullback rejection maximum times make our risk smaller with high reward

Scroll down for more examples 👇 c

Chart example - 3. When the range are wider lesser the chance for Directional moves only high chance of sideways auction

Scroll down for more examples 👇

Important Concepts from Power of Stocks— Subhasish Pani

7+ years of trading experience in 14 tweets🧵

Collaborated with @niki_poojary

1/— Inside Candles

Inside Candle, breakout strategy has very good accuracy.

There are two candles in the inside candle, the mother candle, and the baby candle.

He trades the breakout of the high/low of the baby candle with the opposite level as a stop loss.

When to pyramid the trade if it goes right?

The next level to add more quantity is the mother candle's high or low, depending on a breakout or breakdown.

The stop loss will remain the baby candle low during a breakout and vice versa during a breakdown.

2/— Big Gap up

If the market is bullish, next day if it opens a big gap up then the buyers are already in profit.

Most traders don't want to see their MTM reduced in such times.

Wait for the first red candle and short the first 5 min red candle with a day high stop.

The R:R is too good in such setups.

There are multiple videos of him catching the day high with this setup.

Everyone's looking for selling puts and he makes money selling calls.

VWAP for intraday Trading Part -1

A small thread PART -2 will be released tomorrow

Traders show your support by like & retweet to benefit all

@Mitesh_Engr @ITRADE191 @ProdigalTrader @nakulvibhor @ArjunB9591 @CAPratik_INDIAN @RajarshitaS @Stockstudy8 @vivbajaj @Prakashplutus

Chart No-1

Chart No -2

Chart No -3

Chart No -4

𝙎𝙝𝙖𝙧𝙞𝙣𝙜 𝙢𝙮 𝙬𝙞𝙨𝙙𝙤𝙢 𝑾𝒐𝒏'𝒕 𝒃𝒆 𝒔𝒖𝒓𝒑𝒓𝒊𝒔𝒆𝒅 𝒊𝒇 𝒕𝒐𝒎𝒐𝒓𝒓𝒐𝒘 𝒖 𝒓𝒆𝒂𝒅 𝒕𝒉𝒆 𝒔𝒂𝒎𝒆 𝒔𝒕𝒖𝒇𝒇 𝒊𝒏 50𝒌 𝒘𝒐𝒓𝒌𝒔𝒉𝒐𝒑 𝒐𝒓 𝒔𝒐𝒎𝒆𝒐𝒏𝒆 𝒎𝒂𝒏𝒂𝒈𝒊𝒏𝒈 𝒚𝒐𝒖𝒓 𝒎𝒐𝒏𝒆𝒚 𝒘𝒊𝒕𝒉 𝒔𝒂𝒎𝒆 𝒍𝒐𝒈𝒊𝒄
Simple and effective way 2 make Money

Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Use same criteria for nifty, usdinr and banknifty

(This is must)Use this margin rule for 1lot banknifty pair keep 4Lax margin
For nifty one lot keep 3Lax
For usdinr 100lots keep 4Lax

I bet you if you do this on consistent basis your ROI will be more than 70% on yearly basis.

Couldn't explain easier than this

Criticisms are most welcomed.