#Nifty and #Banknifty both have firmed hammer pattern on Friday at daily chart and we have seen good buying interest in the first 30 mins of market open.
So there is no indication of short. We will analyse the data at 10:00 AM and will decide today's trades accordingly.
Keep following!
The most awaited Weekend Masterclass has been scheduled on June 10, 2023 at 11:00 AM.
This 4-week weekend masterclass is best for those who wants to learn everything about options hedging strategies and their adjustments.
Visit the link for more details and book your seat: https://bit.ly/3Ovji07
#optionstrading #trading #nifty #banknifty #stockmarket #market.
https://bit.ly/3Ovji07
One of the most powerful tools for levelling up your mindset: affirmations.
Affirmations are an easy, yet effective practice to reprogram your thinking when you use them daily.
Here are some of my favourite affirmations for a more calm and clear mind:
1. I can shift my focus easily from unwanted to inspiring thoughts.
2. I choose to forgive myself.
3. I let go of everything that does not serve me.
4. I release all of my fears and anxiety.
5. I am grateful for the journey of life and the opportunities it brings.
6. I trust in my ability to overcome any obstacle.
7. I trust in my ability to manifest what I desire.
8. There are endless ways to achieve what I desire.
9. I attract valuable and honest relationships into my life.
10. I strive to live a life full of purpose and meaning.
11. I can make a positive impact on the world around me.
#GoodMorning
💰 Started trading for profit? Confused by abnormal market behavior? 📈
Join me for an insightful discussion on dealing with unpredictable market trends in my latest post!
🔍 Dive into the Weekly Analysis, Important Levels, and Winning Option Trading Strategies for the May 25 Expiry. Get ready to boost your trading game!
👉 Check it out here: https://bit.ly/3WieWLA
#OptionsTrading #TradingTips #Nifty #BankNifty #StockMarket #MarketTrends
https://bit.ly/3WieWLA
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹-28818.75
2--->09:30 Nifty Intraday Strategy: ₹40825.0
3--->11:35 Nifty Intraday Strategy: ₹-5300.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
The most successful people make decisions fast.
Example:
- Prospect A: Takes 60 days to make a decisions
- Prospect B: Makes decision in 1 day
The opportunity cost of slow decision making is high.
#GoodMorning
I was not active due to some fever today.
Did adjustments in BankNifty weekly strategy to convert it into no loss.
Algo was taking care of execution today.
I will be active in live market tomorrow and will share expiry day strategy.
So keep Tracking!
Have a lovely evening.
Regards
Sachin Sival
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹36787.5
2--->09:30 Nifty Intraday Strategy: ₹10850.0
3--->11:35 Nifty Intraday Strategy: ₹-4725.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹12387.5
2--->09:30 Nifty Intraday Strategy: ₹11925.0
3--->11:35 Nifty Intraday Strategy: ₹2700.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
#FINNifty Strategy created for today's expiry.
Took range based on OI data and will adjust if i found any shft in data.
Keep following!
There are two types of Intraday traders.
One is aggressive trader and another is safe (rule-based) trader.
To become an aggressive trader, you need to track many things but for rule-based traders, just few minutes needed to execute their trades.
Aggressive traders says only we can make money and rule-based traders says we are good.
Both have their own pros and cons.
Where aggressive traders can generate better returns compare to rule-based traders but Their stress level is also very high.
For aggressive trading, one has to track many things. Rule-based traders don't bother about where market is going. They just act based on their rule.
For aggressive trading, a trader has to spend more time in front of the screen but for rule-based trading, you can automate your strategies through algo trading tool.
So for me both are doing there doing the right thing. Difference is only with the execution. If you are fulltime trader and have enough time to sit in front of the screen, you can choose aggressive trading.
If you have less time to spend in front of the screen then rule-based trading is good for you.
I'm doing both. I have automated my rule-based option strategies through algo tools that required 15 mins in the morning to enable the strategies and remaining time I utilise to scan, track and find opportunities for manual trading. I don't have burden to place orders everyday. Infact I entre only when I'm getting entry at my desire points.
It helps me to keep myself stress free because I knew that if one system is giving pain, other is there to compensate it.
In my upcoming workshop, I will share both, all my rule-based option strategies and my trend following setup that anyone can use to reduce stress and increase profitability.
You can book your seat now if you haven't booked yet.
Link: tradepik.com/os
See you in the workshop.
Have a lovely evening.
Open Interest Decoded: The Key to Better Trading!
Read here: https://bit.ly/3o4OBnF
#OptionsTrading #Optionselling #options #trading #StockMarketindia #StockMarket
𝗜𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝗧𝗿𝗲𝗻𝗱 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝗠𝗮𝘆 𝟭𝟮, 𝟮𝟬𝟮𝟯!
#StockMarketindia opens flat but we have seen good buying interest in the first 2 hours.
#Nifty and #BankNifty both have broken their important resistance levels i.e. 18400 & 44000 respectively.
Based on the OI data, we can see a long buildup on the Call side and a Short buildup on the PUT side.
Intraday Trend looks "Bullish" in #nifty and "Neutral" in #banknifty.
The next resistance is at 18500 in Nifty and support has been shifted from 18200 to 18300.
For BankNifty: Immediate Resistance is at 44100 and support is at 43700.
𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝘁𝗼𝗱𝗮𝘆!
Because the trend is Bullish in Nifty, we can see the call below the immediate support level. And for BankNifty, we can initiate a strangle with 400/500 OTM strikes.
We haven't placed any intraday trade because trading beyond our entry point. So waiting for the entry.
1/2...
Boost your Options Trading with Delta Knowledge! 🚀🚀🚀🚀
Imagine you are on a thrilling boat ride, sailing across the vast ocean. As you navigate through the waves, you need to constantly adjust your steering to stay on course and reach your desired destination. In the world of options trading, a similar concept exists, known as “delta.”
Read this week's newsletter in which I have shared how to use delta to increase profitability.
https://open.substack.com/pub/sivals/p/understanding-delta-in-options-trading?utm_source=share&utm_medium=android
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹-10875.0
2--->09:30 Nifty Intraday Strategy: ₹-32500.0
3--->11:35 Nifty Intraday Strategy: ₹-30700.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
#Nifty and #banknifty both look "Bearish" while trading near the important support levels i.e. 18100 & 43600 respectively.
We may see some more downside levels if manage to sustain below these levels.
I will share my weekly options strategy around 02:00 PM. Keep following!
#OptionsTrading #options #trading #intraday
In positional strategies, bck to back 5th expiry, Banknifty closed in profit.
Nifty positional strategy closed with loss this week.
Overall 1.5% return this week and that too while keeping risk on limited side and without any aggressive trading.
Intraday Trend Analysis and Expiry Strategies for Today!
After a sharp decline, today #StockMarketindia opened a gap-up and both the indices came to where they started yesterday. Although we have seen selling pressure from the higher side but still trading in a range.
Now Intraday trend looks "Bearish" in #nifty and "Neutral" in #banknifty
Immediate support is at 18100 and resistance is at 18300 in #nifty. For #banknifty, support is at 43700 and resistance is at 44100.
Max Pain is at 18200 in Nifty and 44000 in banknifty. So we can expect that Nifty and banknifty will expire near these levels if there is no change in data.
Strategies for Today:
Despite if directional trend, I prefer to trade with neutral strategies.
So we analyze this data during a live market session at 10:00 AM and executed the below strategies for today. (Please find it in attachments)
If you want to join our learning community to trade with me in the live market, can grab the TradePik's All Access Pass (lifetime access), which is valid till today 06:00 PM only.
Link: https://courses.tradepik.com/courses/TradePik-All-Access-Pass-640e9af6e4b040a090fd276f
Feel free to like and share if you find it helpful.
Have profitable trading!
Unlock Your Trading Potential with TradePik's Exclusive All Access Pass (Lifetime Access)
Get access to all the courses and Mentorship Program with lifetime access.
Link: https://bit.ly/42dRX6Y
Valid for the next 24 hours only!
#OptionsTrading #nifty #banknifty #options #stockmarket
https://bit.ly/42dRX6Y
Dear Friend,
Have you ever tried your hand at options trading? It's an exciting world, full of promises and opportunities. I myself delved into this realm with dreams of making big profits and living the life of my dreams. Little did I know that the path to success in options trading is not as simple as it seems.
Let me share my story with you. Just a few months ago, I embarked on my journey as an options trader, armed with technical analysis skills. I believed that by understanding charts and patterns, I could predict the future movement of stocks and make profitable trades. But alas, my optimism was short-lived, and I found myself losing significant amounts of money.
Options trading, my friend, is a risky game. It's like walking on a tightrope without a safety net. With limited capital and trading positions, one wrong move can lead to disastrous consequences. It dawned on me that I needed something more, something that could provide me with an edge in this high-stakes arena.
That's when I stumbled upon the concept of reading open interest data. I soon realized that this invaluable data holds the key to unlocking the secrets of the options market. Let me explain it to you in the simplest terms possible.
Open interest data tells us what people are doing right now. It's like peering into the minds of market participants and understanding their current actions. Unlike technical analysis, which focuses on the past and tries to predict the future, open interest data is all about the present. It provides real-time insights into the activities of traders in the market.
Now, I'm not saying that technical analysis is useless. It certainly has its merits, but by incorporating open interest data into your trading strategy, you gain a tremendous advantage. It's like having a secret weapon that others might overlook.
And that brings me to an exciting opportunity for you. I want to invite you to join our upcoming "3-Day Online Workshop to Learn Intraday Option Strategies for Nifty and BankNifty." In this workshop, we'll dive deep into the world of options trading and teach you how to harness the power of open interest data. You'll gain practical knowledge, valuable insights, and a toolkit of strategies that can help you navigate the market with confidence.
Imagine having the ability to make informed decisions based on the real-time actions of market participants. It's like having a compass that guides you through the tumultuous seas of options trading.
Don't miss out on this chance to empower yourself with the knowledge that can make all the difference. Join us in our 3-day online workshop, and let's embark on a journey towards options trading success together.
To secure your spot, simply click on below link. Spaces are limited, so act fast!
--> Reserve your seat here: tradepik.com/os <--
Remember, my friend, success in options trading requires more than just technical analysis. Open interest data is the missing piece of the puzzle that can take your trading to new heights. Don't let this opportunity slip through your fingers.
I look forward to welcoming you to our workshop and witnessing your transformation as a confident options trader.
Wishing you profitable trades and endless possibilities!
Let's talk about two important support levels that are crucial for the movement of #nifty and #banknifty.
For #nifty, the level to watch is 18388, and for #banknifty, it's 41368. 📈📉
If we see a drop below these levels, it could lead to further declines. So, it's important to stay updated and keep an eye on the market. 🚀💼
Stay tuned and stay informed! 😊📊
Looks like #nifty and #banknifty, both are facing resistance from higher levels while indicating bearish trend based on OI data.
18300 - 18500 is the range for #nifty and 43700 - 44100 in #banknifty.
Keep Following change in OI for further indication of trend.
Performance of rule-based Premium Intraday Strategies(10 lots):
1--->09:25 BankNifty Intraday Strategy: ₹31037.5
2--->09:30 Nifty Intraday Strategy: ₹-500.0
3--->11:35 Nifty Intraday Strategy: ₹2250.0
Learn my Intraday Strategies here:TradePik.com/TIP-CS
2/2..
Always remember, taking entry is just one part. the profit comes from how well you manage your trade. So keep following the data and adjust your trades accordingly.
To learn how I manage my traders, you can book your seat for the upcoming 3-Day workshop:
Link: TradePik.com/OS
If you have any queries, feel free to type in the comment box.
Disclaimer Applies
The Power of Options Hedging: A Personal Journey
Read the full article here: https://bit.ly/42MxOEs
#OptionsTrading #nifty #banknifty #StockMarket #trading