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Weekend learning :-
Sharing How to trade RSI Divergence . Tagging it for wide reach and learning purpose . If any observations please comment and Retweet .
@sanstocktrader @ST_PYI @Stockengg @Pathik_Trader @jitendrajain
@sanstocktrader @ST_PYI @Stockengg @Pathik_Trader @jitendrajain How to trade RSI positive divergence - Explained in the chart
@sanstocktrader @ST_PYI @Stockengg @Pathik_Trader @jitendrajain When RSI Positive divergence will Invalid and needs to neglect it - see the chart
@sanstocktrader @ST_PYI @Stockengg @Pathik_Trader @jitendrajain How to trade RSI Negative Divergence - Explained in the chart - see below -
@sanstocktrader @ST_PYI @Stockengg @Pathik_Trader @jitendrajain When the RSI Negative divergence will be invalid and when to neglect it - see the chart
@sanstocktrader @ST_PYI @Stockengg @Pathik_Trader @jitendrajain Thread ended here . Wish you good Luck . Thank You.
Thank you everyone for great response. Next week end , we will learn How to get Low Risk, High profit setup using support and resistance and Fibonacci.
Stay tuned. 🙏🏼
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JK🇮🇳
@PAlearner
Friends ,

I was just studying my Monthly Iron condor strategy for the past months and i came up with some observation .

i found that when VIX is very low it is difficult to find good premium for IC at far away strikes .

1/1
I collected INDIA VIX Data for last 21 Months , I calculated Nifty Range based on VIX and compared it with actual Nifty Moves .

Out of 21 Months Nifty Actual move breached Vix Calculated move by 7 times that to only by 2-3% higher or lower.

see the data - ImageImage
That means most of the Time Nifty follows Vix calculated move . Just take 2-3 % margin of safety.

How to calculate Nifty Move From VIX ( Formula taken from Youtube videos ) -

See Below Image
Read 4 tweets
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JK🇮🇳
@PAlearner
Here is Thread on Bank Nifty : -
Total last 13 years of data Captured -
Note - Bank Nifty Far OTM options are very illiquid during month starting , ensure proper liquidity before entering trade . only 500 points away strikes are liquid.

Banknifty is very volatile than nifty
Starting with Bank Nifty Monthly data - see below pic - Data collected for past 151 month . focus on light blue area . As per data 90% of the time Nifty closed within +-15 % range from spot .
90% of the time it has not crossed 15% on higher side and also on lower side from spot Image
That Means if we sell options beyond 15% with hedge we can easily earn some profit every month .
See below pic - for strategy Image
Read 19 tweets
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JK🇮🇳
@PAlearner
Here is data for Pre-Expiry trade . That is Wednesday to Thursday.

This data is important because if nifty opened Flat OTM as well as ATM option premium melts 35-40% in the opening it self . Far OTM premiums will get zero in the opening .

Data Analysed for 623 weeks .
623 Weeks is 12 years data .

Again focus on light blue area . I am considering +& -0.5% gap up or gap down as flat opening as per my previous experience. it may vary person to person.

why this data is important . see next .
As per data Nifty opened flat 81% of time . That meant 81% of time premium erode 40% in the opening itself .

If we develop option strategy which can handle 1-2% gap easily , then we can mint some money here in every expiry .

Here also big RISK is GAP UP or GAP DOWN beyond 2%
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