1) When nifty stay at same price for 20-40 min 2) When 50 point away options priced at single digit 3) When chart is contracting 4) Both PE and CE should have equal price for best results 5) Keep SL 50% of premium paid
Look at this chart -
- Nifty hitting 17625 for the third time
- Hitting a same spot from upside and downside decay the option pair most
- once a premium goes down it do not recover
- For now 17650 CE - 16 AND 17600 PE - 19
- Lets wait for entry for a total premium below 30
Update -
- Nifty still at 17625 from last 40 minutes
- 17600 PE + 17650 CE Premium = 31
Lets wait for more decay
Testing total quantity buy 1000
First 500 buy 17600 PE - 14 and 17650 CE - 16.3
Total - 30.3
Next 500 quantity buy at total premium 20
Total loss will take - 10k-12k
update - Added 500 CE @ 6.15
Exited with 10 point loss .. no move
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1) Breakout from Consolidation in the direction of Trend -
- Every stock after consolidation enters a consolidation mode
- Enter when it breaks the consolidation for next leg up
- As shown in Tata Motors Chart chart
2) EMA Confluence in the direction of Trend -
- In the direction of trend, when ever EMAs ( 10-20-50) Confluence and stock bounce from EMA Confluence - that's the point to enter in the direction of trend
- As explained in chart bounce from EMA Confluence is the point of entry
1) How to Read candles 2) How to use Trading view Screeners 3) How to create custom screeners 4) Find Multibagger stocks 5) Intraday chart analysis 6) Fundamental terms 7) Straddle buying strategy