Compilation of the best learnings from @BankniftyA through his tweets.

Have compiled his:

1. Expiry day trading.
2. Trade logics.
3. Multiple Charts analysis.
3. BTST criteria for stocks.

Share if you find it helpful so that everyone can benefit.
A pdf of his moneycontrol article where you can read about his journey and how he trades.

Advice on how to not let your mood influence your decisions.

Expiry day Trading:

How to become better?

When I had spoken to him on phone he advised me to backtest all expiries and rigorously practice them again and again to develop conviction. Superb advice!

Acts based on support and resistance levels from charts 📊

What premiums he sells and how he manages his quantity.

What kind of stop loss isn't ideal and what premiums to sell on expiry day.

Expiry day sole focus is just to find strikes which will be zero. 0️⃣

Gives more emphasis to intra day trend than OI data

How to take risks after getting some profit for further returns.

How an option seller can make profit inspite of risking more than what he'll make.

Reanalyze loss making trades and never repeat them to improve accuracy.

Form a list of stocks where you're expecting movement and then look for surge in volumes.

Some trade logics of his now:

1. If there is heavy call writing and the next day you see huge volumes buying going on, market likely to trap call sellers and close at day high.

2. How he survived a trap day. He had sold calls, market gapped up next day and sustained.

3. Never hold short positions whenever market closes at day high.

4. Avoid short strangles/straddles whenever market closes at day low/high as the probability of a big gap up/down is really high.

5. Higher High/Higher Low formations enable him to predict market ending at day high/low.
6. OI going down and price going up in Bank Nifty futures causing further short covering.
7. Another example of OI down price up leading to further short covering.

8. Price going up and consolidating means preparing for further upmove.

Stocks you can pick to build your portfolio in.

Thank you @BankniftyA
You have great content on your timeline for people to learn from. ✌👍

THE END
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More from @AdityaTodmal

14 Feb
DJ @ITRADE191 multiple chart analysis for INTRADAY TRADING.

1. Core setup
2. Pivot points trades
3. PDH/PDL trades
4. Open interest addictions combined with rejections on charts.
5. Website to confirm bias

Very quick read.

Share if you liked for the benefit of everyone.
•Main setup of @ITRADE191
He used this setup daily for all trades.

1. EMA crossover 10/20
2. Supertrend 10/3
3. Vwap
4. RSI > 60

Read 22 tweets
7 Feb
12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)

Read 20 tweets
29 Jan
The absolute best 15 scanners which experts are using.

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX

Share for the benefit of everyone.
Listing all scanners from @Pathik_Trader Sir first.

1. Open Drive

chartink.com/screener/open-…
2. 80-20 Reversal Setup
chartink.com/screener/80-20…
Read 17 tweets
26 Jan
Some of the best tweets on Opening Range Breakouts. (ORB)

Complied some tweets by the following handles for easy learning

1. Trade with Trend @ST_PYI
2. Bhatia brothers @ArjunB9591 @SANAMBHATIA99

Slightly long read ....

(1/18)
A video by @ST_PYI explaining
1. What is ORB?
2. Best Timeframe
3. Strategy
4. How to select stocks for this strategy.

(2/18)

Read 18 tweets
24 Jan
Best FREE website for FNO Heatmap - ICICI DIRECT

derivativefind.icicidirect.com/find20/Derivat…

Advantages:
1. Quantitative Analysis in one place
2. Easy to find stocks where action taking place
3. Find the exact price levels at which OI is being added.

(1/5)
For example, Nifty Heatmap Can easily scan for

1. Long Build up (Price up and OI up)
2. Long Unwinding (Price down and OI down)
3. Short Buildup (Price down and OI up)
4. Short Covering (Price up and OI down)

(2/5)
1. 15 mins Built up can check in any stock
2. Easy to find Intraday Bullish and bearish trend
3. Eg of Bajaj Auto who was up 9% on Friday. Long Built up had started in the morning itself.
4. Shows the quantities also which are being traded in those intervals.

(3/5)
Read 6 tweets
5 Dec 20
A THREAD:

BEST OPTIONS STRATEGY FOR CONSISTENT INCOME -

OPTIONS WHEEL STRATEGY

Everything to know about this strategy I'm posting in this thread.

(1/12)
Step 1: Stock Selection

1. For this strategy you're going to have to choose some stocks that you think will be doing well in the future/long term.

2. Stock must be in an uptrend.

3. Stock options should be liquid enough to trade in.

4. List of stocks attached

(2/12)
Step 2: Which option to sell?

1. Sell put at a support according to charts.

2. Sell put at a strike far away from the spot where you think the probability of the stock falling will be very very low.

3. Sell put at a price where you're willing to buy the stock at.

(3/12)
Read 12 tweets

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