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
