Before we discuss the options strategies, I felt we must learn the importance of a good research. Research here means the homework required to know if we need to buy or sell a stock. The reasons to buy or sell a stock could be technical, fundamental, supply/demand etc. You need not be an expert analyst…
Nifty Analysis — Stance Neutral ➡️ Recap from yesterday: “Bulls and Bears are reevaluating their army strength and will soon fight it out — we will get a trending move as soon as the balance is tipped. For tomorrow — we wish to start the day with a neutral stance and then re-evaluate based on Nifty’s plans. If we pick a…
Nifty Analysis — Stance Neutral ➡️ Recap from yesterday: ”The issue for the bears from the 63mts chart is the W formation (double bottom). To prove they are still in the game, the Bears must create a big fall and ensure an M pattern supersedes the W. Due to the momentum the bulls got today, we are…
Nifty Analysis Recap from yesterday: “On the 1hr TF, we have formed an island just above the 19776 levels. Today’s swing high has taken out the highs of 12th October. I wish to continue with my bullish stance as long as the support of 19776 is respected. Ideally, the next target should be 19907 and…
The difference between options trading and gambling is a fine line. Few of the data presented by popular news anchors look pretty scary. The screenshot below is from a report published by Anuj Singhal of CNBC-TV18 — source: twitter This video talks in depth about the ratio of options turnover versus the underlying market cap. USA which…
This book is a compilation of 183 days of daily-journal for trades conducted on bank-nifty index. Bank nifty is a stock market index that tracks the share prices of the major banks in India. 10 best banks together account for 97.37% weightage on banknifty index. And the top 6 banks account for a whopping 88.67%…
This book is dedicated to all option traders who plan, test & trade on Nifty50, BankNifty or FinNifty indices. We will discuss some safe positional strategies like the iron condor, credit/debit spreads that comes with a defined max profit & max loss. We will also discuss and evaluate how to handle the max loss via…
This is also a range-bound strategy but has a higher reward-to-risk ratio which gives the trader the feeling of earning more per money spent. i.e. a feeling of higher ROI. Here you need to sell the PUT and CALL options for the ATM strike and then buy OTM PUTS and CALLS to limit the max…
After the latest circular from NSE, MidCPSelect Nifty which tracks a handpicked 25 stocks will have the expiry date shifted from Wednesdays to Mondays. And BankNifty which tracks the top banks in India will have expiries on Wednesdays instead of Thursdays. And BSE has moved its Bankex expiries to Mondays. This change in status-quo has…
Nifty50 Analysis We had 2 downward selling momentum, the first one mainly due to the gap up opening — which saw a loss of 106pts by 12.00 and then the 2nd one between 14.40 to close which erased 99pts. Technically Nifty has fallen only 55pts today, the gap-up messed up the numbers. So we had a dip…
