I have recd a lot of queries on exactly which video did Subasish Pani taught this set up..
Folks you can check his y'days video

Although, I have learnt this extended move set up from @iManasArora 🙌

Do follow him & check his timeline for such set ups!

Catch me if you can @Mitesh_Engr

Time for a🧵
Mitesh Sir's EXPIRY Option Selling 101:
• What to look for?
• Strike Selection & Ratios
• SL mgmt
• Avoiding freezes
• Monthy Expiry
• Event days
• How he would have traded last expiry?

In collaboration with @AdityaTodmal

Edward de Bono says intelligence is like a🚗 Automobile

“A powerful car may be driven badly. A less powerful car may be driven well. The skill of the car driver determines how the power of the car is used.”

What @Mitesh_Engr Sir looks at for Expiry Trading:

• Technicals of BNF
• Individual Heavyweight stocks of BNF
• Support/Resistance of BNF on weekly TF
• Also has Superb SL management
• When it comes to adjustments, he is always on toes

How to Select Strikes to Sell?

• You can't sell based on premium
• Follow only trend
• Price action is best to sell on expiry day
• Never wait for the options to go to zero

Using Ratios to Sell:

• If BNF is in a range then strangles
• If breakout/ breakdown from a range then directional
• Selling 70/30 or 80/20 ratios
• 2 examples on how he used ratios

1/Closing price different from the last trading price (LTP)

•There is so much noise regarding PE premiums going up or CE premiums losing their value tomorrow morning at the opening ( in case flat).

•Remember that the LTP usually differs from the closing price.

2/ This is because the closing price is the weighted average price of the last 30 mins of trading.

•The difference today is noticeably more as the market made a sharp upmove post 15:00 hours i.e. the last 30 mins.

Shortlisting stocks is a tedious task.

Here are the 10 most Powerful Positional Setups with Screeners that is available for FREE: 🧵

Collaborated with @AdityaTodmal

1/ Short term breakouts:

This strategy involves finding stocks that are trading near their high in the past 4 months with rising volumes and closing strong, indicating a possible breakout.

• 15-minute stock breakouts

2/ Volume Shockers (stocks with rising volumes):

Stocks that have seen a sudden spurt in their volume by over 2x times the average volume over the past 10 trading sessions and have gained or lost more than 5%

3/ Potential breakouts:

• Stocks nearing 200 day high by 5% & showing consolidation for the past 30 days with volume above 50 day

4/ Strong Stocks:

• This strategy involves finding stocks closing higher than their previous trading day continuously for the past 5

How you can filter stocks for Intraday trades - 🧵

As a kid, we would do homework before school the next day - you have to do homework here too. A specific sector performs on a particular day and studying things a day before will help you spot that particular sector. (1/11)

To prepare for the next trading day, you got to check the Index charts of all sectors. You got to keep an eye on a specific Index if you see a few factors:

- If any Index closed exactly at the resistance, you can get a trade on either side on the next day. (2/11)

- If it gave a rejection candle at resistance.

- If any Index closed exactly at support, you can get a trade on either side the following day.

- If there was a bullish signal at the support.

- If any Index gave a breakout or breakdown and then gave a good closing. (3/11)

- If any Index has taken support at 50 or 200 EMA.

Once you spot the Index, look at all the stocks in that particular Index. Pick at least 3-4 stocks from that Index and add them to your watchlist for the next day. It's ideal to check both higher and lower timeframes. (4/11)

What you should do next day? (When I am unable to check Indices and stocks a day before, I sometimes directly start with this process.)

- Start with checking the top gainers/losers list. I observe market from 9:15 to 9:45am to check the sectors performing well on that day.(5/11)

What are some hidden gem indicators on @tradingview platform ?

I like TL enhanced Volume Indicator