Many friends have asked me about OI data Analysis. This is very helpful in Nifty Trading.
I am retweeting my Beginners Pathway Thread No, 3 on Open Interest Data Analysis for benefit of all. https://t.co/cwYtbYK6JP
Here comes the 3rd and final part of the long weekend 'Beginners' Pathway" series.
— Professor (@DillikiBiili) October 17, 2021
In this we'll see Open Interest basics and Option Chain Analysis.
More from Professor
How to select good Breakout Trades:
Breakouts in the direction of the general trend
The longer the market is in a range, the stronger the breakout
Stock making higher lows near resistance zone
(lower highs near support zone is a sign of weakness)
Breakouts in the direction of the general trend
The longer the market is in a range, the stronger the breakout
Stock making higher lows near resistance zone
(lower highs near support zone is a sign of weakness)
Some ofthe biggest breakouts occur after Volatility Contraction, the analogy is that more a spring is pressed, higher it jumps whenever it gets released.
— Professor (@DillikiBiili) October 2, 2021
There is a VCP Scanner on chartink (Not mine). This may also be used to find potential Breakouts. pic.twitter.com/y1lmay7D4e
Good Books for learning Price Action.
First two are good enough, if you want to really go in depth then go for 3rd one by Al Brooks later (Its only for serious and committed learners, as its too detailed and would tire out a casual reader). https://t.co/2Vgq5gCVXL
First two are good enough, if you want to really go in depth then go for 3rd one by Al Brooks later (Its only for serious and committed learners, as its too detailed and would tire out a casual reader). https://t.co/2Vgq5gCVXL
Book name plz
— \ufe0e (@12354368ys_g) March 4, 2022