All FNO Stocks ( Only Bullish ) Weekly Analysis under one tweet thread Follow this thread. EICHER MOTOR ATH BREAKOUT .

Based on ADX and RSI set up suggested by @TarunNayak2905 Analysed some charts.

Time - 5 Min

Observation -
1. ADX 27 - 15 & RSI betwee 60 - 40 - Sideways.
2. ADX above 27 & RSI above 60 - Bullish
3. ADX above 27 & RSI below 40 -
Bearish.

Check charts below - Nifty Expiry 01.10.2017

As promised earlier, here I am starting thread on prediction of market direction by using simple TA.

Direction can be predicted with few minutes.

Terminologies used are -
PDR - previous day Range
PDH - Previous day High
PDL- Previous day Low

1/n Nifty ( Market) Direction prediction by using technical Analysis -

1. If Nifty opened within previous days range & 1st 15 min candle breakout on upside then go for Bullish to Sideways View.

2/n

How is this breakout? Here is volume -

When I entered in trading in Yr 2017,
I searched for paid advisory services - I called many, there charges were like

1. Rs 10000 Per Call. Reason behind this was advisor him self paying huge to operator or so called expert to get this call.
2. Other option Rs 25000/ month
1/1 3. One option was 30% Profit sharing, No loss sharing. One day I joined one what's group, admin gave call to buy Tata global CE and PNB bank CE.
I made 60 K profit on Tata global and I lost 35 K on PNB, he started demanding 30% on 60 K. Where as 35 K loss was totally mine.
2/2.

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 -

I also entered in the trading in Yr 2017 by seeing MTM screenshot on social media.
Falled in trap with some paid advisors - lost 75 % of of my capital in 2 years.
After that started learning, attended many webinars - 90% were useless - lost money there also.
1/1 After that started self learning, worked hard on TA. Learned many indicators.
Tried many indicators but still trading was not getting better.
I was making some profit and again loosing it on bad trades.
2/2

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

NIFTY -

Huge Put unwinding and call additions happened today . Nifty Expiry View : -

SPOT - 10300

PCR - 1.1 Neutral

Max pain - 10200 - Bearish

Max OI Call - 10500
MAX OI PUT -10000

Over all it is Neutral to mild bearish for tomorrow .

Many of friends confused about break-even point on Iron condor strategy .

Here I am starting to explain in details with my original July month trade .

Here we go - This is july month trade. see the PIC .

Break-even points are 9246 on lower side & 11454 on upside . both are more than 10% Away from the spot .

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 promised last week .

Here I am starting tread on data driven trading . That means we will trade Based on past data .

I captured Nifty's 13 Years of the data for this study .

We will assume whatever has happened in past will also happen in future .

here we go - Starting with Nifty Monthly data -

see below pic - Data collected for past 153 months . focus on light blue area . As per data 90% of the time Nifty closed within +-10% range from spot . Also 90% of the time it has not crossed 10% from spot .

फिल्मों के 13 ऐसे डायलॉग जो आपको कभी हिम्मत नहीं हारने देंगे और सफलता पाने का जज्बा हमेशा जगाए रखेंगे_*......

1. 👉 *Sultan*

कोई तुम्हे तब तक नहीं हरा सकता जब तक तुम खुद से ना हार जाओ...

2. 👉 *3 Idiots*

कामयाबी के पीछे मत भागो, काबिल बनो , कामयाबी तुम्हारे पीछे आएगी.... 3. 👉 *Dhoom 3*

जो काम दुनिया को नामुमकिन लगे, वही मौका होता है करतब दिखाने का....

4. 👉 *Badmaash Company*

बड़े से बड़ा बिजनेस पैसे से नहीं, एक बड़े आइडिया से बड़ा होता है.....

One day JK went to farm. He found 10 Mangoes under the mango tree he collected all mangoes but at the same time he saw lot of mangoes hanging on the tree. He gets greedy to get more mangoes. But he don't know to climb on the tree and there was no stones there for hitting 1/n On the tree to get more mangoes. He have to use his own collected mangoes to hit the mangoes on the tree to get more mangoes. Initially he tried randomly by throwing his mangos on the tree to get more mangoes. He hits 1st 5 mangoes on the tree. He gets only 2 mangoes
2/n

I Will share some of my favourite reversal patters for Day trading today.
Stay tunned. Sharing some of reversal pattern for day trading.

Tagging for wide spread learning -
@sanstocktrader @ST_PYI @Pathik_Trader

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

📶Role of Volumes in Trading and Investing📶

WHAT IS VOLUME?

Volume is simply the number of shares (or contracts) traded during a specified time frame (e.g., hour, day, week, month, etc). The analysis of volume is a basic yet very important element of technical analysis. Volume provides clues as to the intensity of a given price move.

💢INTERPRETATION 💢

There are many ways to interpret changes in volume trends.

One common belief is that rising prices coupled with increased volume, and falling prices coupled with decreased volume, is bullish