Thread on how @ITRADE191 made 3 lakhs in 2 days.

I'm posting his chart logics here which he has shared with me realtime.

You will need:
1. Pivots
2. Vwap
3. PDL/PDH (Previous day high/low)
4. Advance/Decline Ratio.

(1/7)

This is the Pivot Setting used by @ITRADE191

(2/7)
At 11 he told me to short Nifty as it was breaking a pivot.

Gave immediate 60 points profit.

(3/7)
The red line marked here was PDL, he trades using these decision points daily. He shorted Nifty futures again the moment it broke that level.

Again made money while pyramiding into his trade.

His sl was PDH, Tuesday 24th Nov high. Would've reversed his position there.

(4/7)
Got his conviction from Advance/Declines in Nifty. All the bigger stocks were trading in red so he rode the downfall.

Here is his mtm of yesterday.

Made around 1.2 lakh here.

(5/7)
Today on 26th expiry day, he had marked levels which were supports and resistances and decided how he would act at these levels with a plan.

(6/7)
A positive advance/decline and a break of the resistance of 12900 levels gave him the conviction to buy Nifty futures aggressively.

He made around 1.7 lakh profit today as shown in the mtm which is attached, highest profit in NIFTY future.

_____________________________

(7/7)

More from Aditya Todmal

MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria

How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

• When to sell
• How to do Adjustments
• Exit


Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in


1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr

• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only


2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.

• Identified a reversal and sold puts

• Puts decayed a lot

• When achieved 2% profit through puts then sold
DJ SIR THREAD

Great video with points helpful for beginners.

Made 4 threads on DJ Sir with the help of @niki_poojary

1. Selecting strikes to trade in with risk management.
2. How he took some aggressive trades.
3. Multiple charts analysis for intraday trading.
4. Trade Setup


Attaching all threads made on DJ Sir. After watching the video you can refer to this tweet for notes about his strategy and learn a few other ideas.

Compiling these together for easy access to his knowledge.

1. Selecting strikes and risk


2. Going aggressive with help of data and


3. Intraday

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