Hello Friends, Now what would be my next Trade - As of now, my strategy is wait and watch. I want price to come down and than give me a good setup for long. 1. My observation is still with Bulls that means no PE and only CE whenever there is an good opportunity. 2. Where market may go from here? I do not know may be 40000 but I know one thing if this is to...
Good Everyone, I have exited from CE trade which I bought on 26 may Thursday at 12:15 PM. I bought that CE 34900 June 2nd at 362 and my TGT 1:3 was 1086 but with todays gap up I exited at 1136 and got few additional points so total points booked = 774. You can see my MAY 2022 Trades and add todays points in it. I exited because my TGT hit however price did not...
Hello Friends, Before start - I just want to FYI that all the details and updates are available on my Twitter @okta_sandbox , request you to please check and follow so you will not miss any live update during market hours. Alright, I was already sharing my observation from last few days and Today when I get opportunity for CE buying I shared it with you. You...
Hello Friends, Another day where I did not get any trade setup. Lets see how tomorrow works for me for long side
Hello There, Once again you can see how painful it could be for option buyers if trend is missing , that is why Option buying not preferable BUT if we have patience we can be profitable. For me, Now the price has changed its previous action and I will not wait to price close above Fridays high. From tomorrow onwards I will not look for PE opportunities. I will...
Hello There, I do not know if you ever tried this this or not, but I would like you to do a small exercise and share your observation on comment section - What to do - 1. Open BNK or NIFTY chart (cash Future etc) and Go to back dated chart like 5 or 8 months back 2. Now draw a random Horizontal line at any price level 3. Now slowly move the chart on forward...
Hello There, If you notice, I already shared on previous post that my observation towards market in sell side until it will give closing on daily basis on above of Friday high, till the time my strategy is "Wait and Watch". Today whole day I spent just to watch the market but market did not gave good closing. As of now for me, the market is not in any side until...
Hello There, I would like to share my MAY 2022 Trades with you (calculation is as per 1 lot) : I started with 1 lot (6 month back) and have increased lots to 3 now (From Feb onwards). If you notice, I did not Buy any CE though marked also gave good movement in Bull side as well BUT as I told you Phycology and Trend is important in market. Date Trade Strike...
Hello There, I just wanted to share few more details about todays session. Though it was bullish session and market worked between the Buy and selling zone, however I did not get any trade. Because I am still not Bullish. The Closing is important. Once I will get closing candle above todays high I will start thinking of buying CE ( Uptrend will start) and then...
Hello There, Overall the market is in Sell side. it could be a riskier to go long but this is how anyone can grab the upside rally which put the market in SHORT TIME LONG TREND. we can work between the buying zone and selling zone for time being. ITS TIME TO WAIT AND WATCH FYI- I prefer the targets 1:3 only with risk of maximum 1:1 strict rules. and my win...
Hello Everyone, I am first time introducing my ideas here after the lot of research + back date testing + paper trading + virtual Trading + Live Trading = Positive Results. As of now I will suggest you just follow my few analysis and trades, Once you notice the results you may start following them with certain rules. * I am just a small trader who wants...