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26 | Full time Day Trader | Options buyer |Expert in TA |Market Structure |Price Action | 🌱 Hare Krishna 🙏
Jul 23, 2022 13 tweets 4 min read
STRATEGY NO-01 🔥

A thread 🧵🧵

BANKNIFTY OPTION BUYING , STRATEGY, BASED ON PIVOT LEVELS 📈

LET'S START WITH BASICS,

What are PIVOT level..?

#trading #StockMarket #banknifty Basically its price action based indicator, which is average of previous days HIGH, LOW , CLOSE AND OPEN of intraday swings

Once add the PIVOT LEVEL to your chart ,you will S1, S2, S3, S4 as key support levels on the side, R1, R2, R3 , R4 as key resistance levels for the day
May 28, 2019 7 tweets 5 min read
Sharing but knowledge about VIX.

VIX Index levels-

1. Ultra Low <12.5
2. Low 12.5 to 15
3. Medium 15 to 17.5
4. Normal 17.5 to 20
5. High 20 to 25
6. Ultra high 25+

(1/n) #optiontrading Let’s look at the Short straddle success rate relative to the VIX Index Levels.

61% , 72% , 52% , 47% , 65% and 78% Respectively for mentions above VIX Level Range @ Entry time

(2/n)