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#Option Chain
#Option trading
# ATM CE position built up... Strong resistance
# ATM PE position built up... Strong support.
# Far OTM position built up on call side...Strong bullish
# Far OTM CE position built up... Strong bearish....
I couldn't find it so simple.
#Option trading
# ATM CE position built up... Strong resistance
# ATM PE position built up... Strong support.
# Far OTM position built up on call side...Strong bullish
# Far OTM CE position built up... Strong bearish....
I couldn't find it so simple.
Mostly, what I learned is this presumption is a very easy way to misguide the masses by using the option chain.
On many occasions I have taken absolutely opposite stand and got good hit ratio.
On many occasions I have taken absolutely opposite stand and got good hit ratio.
Apart from the position built up, if one pays attention to futures position, traded value in cash and delivery% along with the traded value at the each strike price of respective option, this may give much stronger insight of bias, since, bigger money at stake.
#TRADING INTRADAY HTF_SR method Another Eg. #BATAINDIA daily / 1hr /5 min - Conclusion - Key level to watch out for 1363-1365; if price action bearish at this point, shorting suggested with stop of 1370; if price action bullish at this point, long suggested above 1365...…...
for a quick scalp till 1375; however above 1365 advised to wait to see how it reacts to the 1375 resistance line; if an bearish price action happens here, short suggested around 1370-1375 with stop of 1385; if price breaches 1380-1385.....
long suggested with stop of 1370. Try practicing this in as many charts as possible to get a hold of this method "Higher Time Frame Support and Resistance method" (HTF_SR). With proper risk management and defined rules, you can see vast improvement of your performance. 
