(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)
Option selling strategy thread 🧵
*Capital must be above 6lac
*Target only banknifty (weekly expiry)
* Target 1/2% per week
* combine premium should above 100
Two types of strategy normally i use
⚡ directional
⚡Non directional (strangle)
(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)
Then mark swing low of #banknifty & start selling 200 points down strike puts and add more at support line.
If swing support broken then exit.
(Trending upmove)
Mark it's swing high & start selling its 200 points above call .
If swing resistance broken then exit .
Selling 200 points above calls of resistance zone & selling 200 points below puts of support zone.
When ever support & resistance break exit position .
& if range is far more away you can also select range in 2 hours chart .
70% of time #banknifty is range bound
I m sharing it very simply so that everyone could understand option selling easily.
@Mitesh_Engr
@AdityaTodmal
More from Vikrant
First check top gainer of today 6% to 20% in (small/mid cap) stocks👇
https://t.co/4pJtazcOYH
Then use that 5 filters for find out next days UC calls 👇
1⃣stock must be near all time high or 52 week high.
Ex - #Smartlink after BO all time high blasted 💥💣
#BGRENERGY recently broke 52 weeks high .
2⃣ Stock should be low market cap less then 10K CR
Ex - #smatlink - 1833 CR
3⃣ Stock should face least resistance after BO ( not major resistance after BO)
Ex - #apollomicro
4⃣ It's sector or peers companies must be strong 💪
Ex - #NiftyIT / #apollomicro
U can check their peer companies here👇
https://t.co/rVBUAp3LOE
But out them 5 are incredible 👍
Which are also summary of his book.
Here are that five 5⃣ tweets 👇
https://t.co/vKMVxF137t
Ignore the naysayers. They will always be here and they will always be skeptical of your dreams and try to discourage you. Success is the best revenge. And now I'll hear the excuses for my 2021 USIC performance as well. LOL! pic.twitter.com/2hziplVEzf
— Mark Minervini (@markminervini) September 29, 2021
https://t.co/nGrDHlRkuA
Rules I built a 38-year career on...
— Mark Minervini (@markminervini) December 23, 2021
1. always use a stop loss
2. define your stop before you enter
3. never risk more than you expect to gain
4. nail down decent profits
5. never let a good size gain turn into a loss
6. never average down
7. never get bold when running cold
https://t.co/8DtxnJf0Bo
If you want to make great returns consistently and do it w/ minimal drawdown, you must get off the idea of being right or wrong and instead learn how to lose much less when you're wrong than you make when you're right. I'm wrong just as much as I'm right. That's why I use stops.
— Mark Minervini (@markminervini) July 20, 2021
https://t.co/ROihOUjesI
I dedicated 37 years to learning and perfecting the craft of stock trading. If there was a way around risk management, I probably would have found it. PhDs, Nobel prize winners and geniuses haven't been able to do it. Your losses must be managed smaller than your gains.. period.
— Mark Minervini (@markminervini) July 5, 2021
1⃣ #stock selection process - always choose that stock which are consolidating near all time high
(Because whenever stock will give all time high breakout then it will easily give 20/30% return in 1/2 months
You can also choose 52 week high stocks , if stock going to give BO more then 3 years of range .
For finding all time high or 52 week high stocks you can use trading view scanner or indmoney scanner .
Here is threads of both
Trading view scanner process -
— Vikrant (@Trading0secrets) October 23, 2021
1 - open trading view in your browser and select stock scanner in left corner down side .
2 - touch the percentage% gain change ( and u can see higest gainer of today) https://t.co/GGWSZXYMth
2⃣volume analysis - In that consolidating period volume should be high of up move days then down move days. And last 3/4 month volume of accumulation is much higher.
Here is 👇 volume thread🧵 in details
Full #volume anlaysis thread \U0001f9f5
— Vikrant (@Trading0secrets) October 20, 2021
One thing which big player can never hide - VOLUME https://t.co/MjtFq384N0
3️⃣ fund diversification - always deploy your capital in 3/4 stocks, not more then that or not less then 3.
And, your 3/4 stocks must be from different different sectors.
4⃣comunding magic - If you hold 10 stocks then if 2 stocks will give 100% return then portfolio impact is 20% only. (here time period is 8/15 months)
If you hold 3 stocks out of them 2 will give 40% then ur portfolio impact is 25%
(Here time period is 1/3 months)
More from Equity
You May Also Like
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Bactesting results of Open Drive
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
Example of PDC/PDH Setup given
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5