Discover and read the best of Twitter Threads about #banknifty

Most recents (13)

#BANKNIFTY Future bar by bar commentary for today's move for learning purpose.

1/n

After a powerful reversal with massive volume & wide range bar yesterday #BNF closed above EMA21 & has made higher higher on 15M candles & didnt break the low of any previous candle.
2/n

This shows the strength in the move & shows the strong momentum upside. After so many days of downfall, bears were shorting on every rise & this was a perfect "Bear Trap" setup (yesterday it broke the day low only to reverse).
3/n

At yesterday close selling profit booking was witnessed but today's open didn't break the low of that candle as well. It shows we still have some steam left for upside.

Points below are aligned with the numbers marked on the chart for easy understanding -
Read 12 tweets
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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