Discover and read the best of Twitter Threads about #BankNifty

Most recents (12)

As promised I am sharing the commentary of today's #PriceAction on #BankNifty future 15 minutes chart. I trust you will find it useful for learning purpose.

Each bullet point is reference with the candle number for easy understanding.

#TradeWithPAL
1/n
1. Gap down open, price closed below demand zone with ultra high volume. Long upper wick, signs of selling pressure.
2/n
2. Next candle bearish with less vol than prev candle, price closed below 1st candle, small tail. Selling pressure continued
Read 12 tweets
Make 1 highly liquid stock or Index your primary instrument for trading & NEVER miss a trade in it. Know every move, every level, every behavior of that stock/Index. This sheer focus will yield the results you are craving for all these years.

Mine is #BankNifty. What's yours?
Glad to see so many response. Good that many of you have chosen at least 1 primary stock/index to trade. Every stock behavior is different so u need to develop a unique strategy for each. What works on #ICICIBANK may not work on #TCS or #MARUTI. Find that behavior & have an edge!
Some people asked my fav list of stocks. Here are 15 highly liquid stocks/Index (mainly in Options) which I keep a track on.

Remember, #BANKNIFTY still remains my primary (biwi) & remaining 14 are girl friends to flirt 🤣🤣🤣🤣. Do it at your own risk 😂😂

#TradeWithPAL
Read 3 tweets
@Traders82 Today I will start a new chapter of #PriceAction trading & the topic is -

#Chapter4: Understand Supply & demand zones

So are you excited? I heard YES. So let's start!
Now that U understand what a market structure is & what are the 4 stages of a stock or index, the next logical step is to understand the supply & demand zones & how to use them with structure to spot high probability trades. This is different than single line S/R so pay attention
Recap: A structure is nothing but spotting higher high, higher low, lower high & lower low on any given chart to know the trend & to understand the context in the left as to what a stock has been doing. #BankNifty daily chart shows the structure for 1 year.
Read 19 tweets
Today there were few intraday opportunities to long and short in #BankNifty. Did you catch any? Plenty to learn from the charts today to catch both side moves. Analyze and let me know and I will help clarify your doubts.

#TradeWithPAL
Sharing my analysis for 9th Jan #BNF possible trades on #PriceAction:
1) Day started with a weak candle closing near the lows so 1st short was below the low of it. Target EMA21.
2) Price took little support & bounced back. You can scalp for quick profits here as well.
3) After that price couldnt sustain the upmove & closes below EMA21. Exit longs but no shorts yet until the recent low breaks convincingly.
4) It tried to break the low but not convincingly & we see a Doji shows weak selling & good buying pressure. Watch for next 1-2 candles.
Read 6 tweets
#intraburst #BankNifty #Expiry_trade
Breakout levels = 25456 ( buy 25600 calls if this level is breached)
Breakdown Levels = 25076 ( buy 25000 puts if this level is broken)
All futures levels
Trade today's expiry, that's why this is called an expiry trade
Read 6 tweets
#BANKNIFTY #BANKNIFTY_EXPIRY_1NOV2018 #EXPIRY_1NOV2018 #OptionsTrading
MAXOI STRIKES 24000PE 25500CE
MAXOI ADDED STRIKES 24300PE 25700CE
SPOT 24959.7
2018-10-29 15:30:30
#BANKNIFTY #BANKNIFTY_EXPIRY_1NOV2018 #EXPIRY_1NOV2018 #OptionsTrading
MAXOI STRIKES 24000PE 25500CE
MAXOI ADDED STRIKES 24500PE 25500CE
SPOT 24922.4
2018-10-30 09:18:19
#BANKNIFTY #BANKNIFTY_EXPIRY_1NOV2018 #EXPIRY_1NOV2018 #OptionsTrading
MAXOI STRIKES 24500PE 25500CE
MAXOI ADDED STRIKES 24200PE 25500CE
SPOT 25049.8
2018-10-30 09:23:19
Read 228 tweets
#BANKNIFTY #BANKNIFTY_EXPIRY_1NOV2018 #EXPIRY_1NOV2018 #OptionsTrading
MAXOI STRIKES 25000PE 26000CE
MAXOI ADDED STRIKES 24900PE 26000CE
SPOT 25066.4
2018-10-19 09:18:49
#BANKNIFTY #BANKNIFTY_EXPIRY_1NOV2018 #EXPIRY_1NOV2018 #OptionsTrading
MAXOI STRIKES 25000PE 26000CE
MAXOI ADDED STRIKES 24500PE 26000CE
SPOT 25056.4
2018-10-19 09:22:19
#BANKNIFTY #BANKNIFTY_EXPIRY_1NOV2018 #EXPIRY_1NOV2018 #OptionsTrading
MAXOI STRIKES 25000PE 26000CE
MAXOI ADDED STRIKES 24500PE 26000CE
SPOT 25231.2
2018-10-19 09:28:19
Read 77 tweets
It's friday. No #Banknifty trades. Let's revise some of the best takeaways form "Trading in the zone" (1/n)
There is a big difference between predicting & executing trades. Predicting what market could do is easy - executing trades is more complex. It takes confidence, humility and #discipline to properly execute a #trade. (2/n)
Trading is all about thinking like a chess player - anticipating all #possibilities and #probabilities. (3/n)
Read 9 tweets
Intraburst results since April 2018

12th April : bit.ly/2LURB0R

10th May : Not triggered.

14th June : Not triggered bit.ly/2OF7NC7

28th June : bit.ly/2LKc2OK

12th July : bit.ly/2O6557d

26th July : bit.ly/2LUNrWM
Performance so far since April . All trades were live-tweeted during trading hours on expiry day
Last year performance
Read 4 tweets
Receiving a lot of interest on the #Intraburst model to trade #banknifty options on #weekly_expiries. If I do a small #webinar with minimal fees explaining the model exhaustively , would you be interested ? "Like" to say YES , Retweet for more participation.
#Webinar :Trading the #Banknifty #weekly_expiries

All details and all questions answered

bit.ly/2mS2vq7
Site slow due to huge traffic all of a sudden .
Alternate link : quantgym.com/intraburst2.ht…

Payment link : imjo.in/G9GheA
Read 9 tweets
July 13
Some of the Novice Observations
The Trend Picture
The Bull Case - The Bear Case

#BankNifty
#mp_amt
#mp_chart
July 16
Some of the Novice Observations
The Trend Picture
The Bull Case - The Bear Case

#Nifty
#mp_amt
#mp_chart
July 16
Some of the Novice Observations
The Trend Picture
The Bull Case - The Bear Case

#BankNifty
#mp_amt
#mp_chart
Read 62 tweets
Will try to put a small thread on a well known Open High Low Strategy
lets call it "OHL"
(1/n) #OHL
1st condition to be met is
(a) Open = High
(b) Open = High = Previous Close

or

(a) Open = Low
(b) (b) Open = Low = Previous Close

(2/n)
Different time frames have different interpretations Higher the TF higher the accuracy for eg a qtrly OHL will be more powerfull singal then monthly or smaller TF daily signal would be much relevant then an hourly signal !!

swill talk only about daily / weekly / monthly

(3/n)
Read 17 tweets

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