Iamitahuja | Buzz Chronicles

@Ronak_Unadkat Sir has more than 100 videos on his Youtube channel.

He mainly focuses on the same few concepts to take a trade.

I can teach you those in the next 5 minutes:🧵

Collaborated with @niki_poojary

1/— OI unwinding for Aggressive trades

Okay, so you must begin your search for these type of trades "ANYDAY AFTER 1 PM".

For eg:

If the market is going up and you spot some large unwinding on the call side.

Sell the immediate puts from where the market reversed to go up.

Where option sellers are trapped no need to check the support resistance as a big directional move is going to happen.

Just aggressively sell puts straight up, pocket the higher premiums and make high returns.

Explaining the logic in the next tweet.

Logic:

Simple, option sellers are tapped. In this case on the call side.

When a seller is trapped he will buy his option back.

Option buyer will not be in a hurry to square off as he is in profit.

This will result in a huge spike in calls.

A call option seller cutting his position means he is not confident that the market will go down or sideways.

We take a hint from him and sell puts to make a profit.

Aditya Trivedi
@itsAdityaT

HOW TO ADJUST A SHORT STRANGLE?

Gone are those days where a short strangle used to expire worthless without any adjustments.

Adjustments are a must when your initial view goes wrong which it will.

Listing down all the ways to adjust a short strangle WITH EXAMPLES below.

1: Rolling up/down:

If you've sold a short strangle and one side premium spikes, you can book the profitable side and roll it up to match the premium of the other side.

eg: If you've sold a 60rs call and a 60rs put. If the 60rs call goes to 100. Then book profits in put and sell a 100 pt put.

This is the most basic way of adjustment.

2: Rolling the losing side:

It's very similar to the above adjustment however, we will consider shifting the losing side instead of profitable side.

eg: If you've sold 50pt call and 50pt put. If the 50pt put spikes up and goes to 120. Sometimes, I wouldn't want to sell a 120 pt call.

Hence, I simply book loss in the put and sell a new put worth 50pts which is farther away from the previous put.

Nikita Poojary
@niki_poojary

90 million active demat accounts in India.

Less than 1% understand Fibonacci retracement.

This mega thread will help you understand better—starting today:

Collaborated with @AdityaTodmal

1/What is Fibonnaci (Fibo) retracement?:

•Fibo retracement levels help us to identify potential reversal area or identifying potential entry point after a pullback.

•It represents various levels of significance within a swing high and low.

2/How to plot the Fibo?

•Spot the recent swing high & swing low (usually a peak & a low) on a chart.

•Plot the Fibo on these points.

•You'll get 5 key levels of support & resistance (S/R) in between the peak & low.

•Key Fibonacci ratios: 23.6%, 38.2%, 50%, 61.8%, & 100%.

3/ Importance of retracement levels:

• The retracement level forecast can determine the level at which retracement is likely to occur.

• These retracement levels offer traders a favourable entry to open new trades in the direction of the trend.

4/ When to apply Fibo:

•Fibonacci analysis can be applied when there is a noticeable up-move or down-move in prices.

•Applying it in range bound markets would turn out to be a futile exercise.

Aditya Todmal
@AdityaTodmal

Technical Analysis and 3 Strategies to deploy for Aggressive, Moderate, and Conservative Traders.

🧵Weekly Bank Nifty Analysis for 18th August Expiry:

To form a view, let's have a look at:

1. Multi-timeframe Technical Analysis
2. Option Chain Data

Also, 3 strategies to deploy for:

1. Aggressive Traders (3.36%)
2. Moderate Risk Traders (1.89%)
3. Low-Risk Traders (0.72%)

1. Technicals

Let's start by doing some basic technical analysis.

We'll look at:

• Weekly charts
• Daily charts.
• Hourly / 60 min charts.

1. Weekly-

• The market has broken out from the trendline and is extremely bullish.

• However, also note that there are 4 continuous green candles in the weekly chart.

• Until Bnf closes below the current green candle low which is 37680, bias should not be bearish.

2. Daily:

• Candlestick pattern—Bullish Marubozu on the daily timeframe.

• Chart Pattern—Gave a rectangle breakout and is running up.

Buyers are in control so until we close below the wick made today can't take aggressive bearish positions.

Aditya Todmal
@AdityaTodmal

Twitter is a free university.

However, 98.8% of users did not see the top content on this site.

Here are the top threads from the past month:🧵

Collaborated with @niki_poojary

Topic: How to understand Volume in more depth.

This is my personal favorite in this

VOLUME is the ultimate Trading cheat code.

But, most people never use it in the right way \u2013 because no one ever taught them how.

Here are 10 psychological triggers to knowing Volume in a better way :
— Indrazith Shantharaj (@indraziths) August 6, 2022

Topic: List of top

Stock Screeners is an integral part of doing homework post market hours.

Most of us use screeners to filter buzzing stocks out of 1000+ stock and it saves lot of times.

Here is the list of top screeners:

Also, last screener is one of my favourite to pick early momentum stocks.
— Yash Mehta (@YMehta_) August 5, 2022

Topic: How to use Debit and Credit

If you are new to F&O, you can start with Vertical Spreads (Debit and Credit spreads) instead of buying options in Stocks and Indices.
Here are some ways how you can do it, when you can do it and the right position sizing for doing it... \U0001f9f5 (1/25)
— Sheetal Rijhwani (@RijhwaniSheetal) July 3, 2022

Topic: What's happening to the

Rupee at a record low of 79/$, what\u2019s happening?
A dummies guide in this \U0001f9f5

Do \u2018re-tweet\u2019 & help us educate more investors (1/13)#Investing #invest #StockMarket #RupeeVsDollar #RupeeSlideDebate
— Kirtan A Shah (@KirtanShahCFP) July 3, 2022

Yash Mehta
@YMehta_

Stock Screeners is an integral part of doing homework post market hours.

Most of us use screeners to filter buzzing stocks out of 1000+ stock and it saves lot of times.

Here is the list of top screeners:

Also, last screener is one of my favourite to pick early momentum stocks.

1/ Volume Buzzer:

This can be used on daily time frame and it identifies all the stocks where volume action was very

2/ Bullish Divergence:

This screener will help you find all the stocks that has given bullish divergence. Traders who like to trade reversal stocks that are in downtrend can use this screener. This can be used at the end of the

3/ Bearish Divergence:

This screener will help you find all the stocks that has given bearish divergence. Traders who like to trade reversal stocks that are in uptrend can use this screener. This can be used at the end of the

4/ Nimblr F2F:

This screener was designed from @Deishma F2F video:
https://t.co/apaQYVbAlq

This screener helps in identifying momentum and indecisive candles on daily time

Nikita Poojary
@niki_poojary

Over the past month, we have shared 15 powerful threads:

These threads cover topics like:
• Trading
• Psychology
• Strategies (both directional & non-directional)
• Investing
• Free tools for traders
• Free technical analysis courses, etc.

Here they are all in one place!

1/ Top 26 threads from the past 26 weeks of year

Twitter is like a free university.

However, 98.8 percent of users missed out on the best content on this platform.

Here are the top 26 threads from the past 26 weeks of 2022: \U0001f9f5

Collaborated with @niki_poojary
— Aditya Todmal (@AdityaTodmal) July 1, 2022

2/ How to build your Twitter

I started at 0 and grew to 109,000 followers

Here's how we use Twitter and why:

Collaborated with @niki_poojary

THREAD \U0001f9f5 \u2193
— Aditya Todmal (@AdityaTodmal) July 3, 2022

3/ The most simple set-up of Subasish Pani -

Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!

Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!

5EMA set-up: \U0001f9f5!

Collaborated with @AdityaTodmal
— Nikita Poojary (@niki_poojary) July 3, 2022

4/Free valuable tools that helps you to trader better!

There are so many tools related to trading.

But very few provide any real value.

Here are 7 of the most valuable FREE Tools you're not using (but should be): \U0001f9f5

Collaborated with @niki_poojary
— Aditya Todmal (@AdityaTodmal) July 9, 2022

Aditya Todmal
@AdityaTodmal

If you use it right, Iron Fly is the most solid risk-defined strategy in trading.

But most people don't know how to adjust the strategy when it goes wrong.

Here are 7 adjustments you can do to lower risk and increase profitability: 🧵

Collaborated with @niki_poojary

0/ Who is this for?

This will greatly benefit people who freeze when it comes to managing their trades and keep booking losses.

Some trade with too much fear as well when things go wrong.

Knowing these adjustments will give you the confidence to try to manage your trades.

Most of them are to lower risk on the side the market is going in.

Some adjustments even increase the profit potential and probabilities of the trade being in profit on expiry.

Let's begin by having a look at the adjustments.

Here is the adjustment number 1 below.

1/ Don't do anything till your breakeven arrives

One reason these strategies go wrong far too quickly is due to adjusting them too frequently.

You can escape most adjustments if you simply wait for the market to arrive at your breakeven.

This will work well in monthly options.

2/ Remove Risk from Untested Side

If you've taken an iron fly and the market has gone up you can shift your put buy upwards and lock the downside risk to potentially zero.

This way you've secured one side and just need to manage the bleeding side.

Aditya Todmal
@AdityaTodmal

Directional Traders are good at spotting patterns.

But 98.8% of the new traders, don't know how to spot patterns.

I analyzed @niki_poojary 's account, to learn the most important patterns to master.

Here are the 8 of the most important patterns: 🧵

1/ Cup and handle Pattern

Happens during an uptrend.

The cup portion has a U-shaped appearance.

The bears are getting weaker as they are unable to drive the prices below the last low.

Subhasish Pani uses this a lot in stocks to spot bullish trades.

2/ Inverse Cup and Handle Pattern

Happens during a downtrend.

The cup portion has a reverse U-shaped appearance.

The bulls are getting weaker as they are unable to drive the prices above the last high.

Subhasish Pani uses this a lot in stocks to spot bearish trades.

3/ Double Bottom Pattern

It is a bullish pattern that has the shape of a "W".

The market tries twice to break the lows but is unsuccessful.

This is a reversal pattern to observe during a downtrend for a bullish trade.

4/ Double Top Pattern

It is a bearish pattern that has the shape of an "M".

The market tries twice to break the highs but is unsuccessful.

This is a reversal pattern to observe during an uptrend for a bearish trade.

Nikita Poojary
@niki_poojary

#BANKNIFTY

Bears were roasted in the past weeks short squeeze!

In a weeks time BNF is up by 2k points and gave a comfortable closing >35k

Bulls are back in the game!

Outlook for the week Jul 11 -Jul 15, 2022.

THREAD: Deconstructing BANKNIFTY on 4 different TF's.

#BANKNIFTY

1. Monthly TF:

• LH-LL structure & moving within the falling channel.

• No follow through selling post the June month.

• The sharp up move in BNF depicts resilience.

• Bulls are pretty much active near 32200-32800 zone & are strongly defending this level.

#BANKNIFTY

2. Weekly TF:

• Despite a LL-LH structure BNF failed to make a fresh Lower low post LL1.

• The zig zag moves in the index as it is trapped inside the channel is responsible for volatility and SL hits.

• Weekly close >35k is a sign of strength.

#BANKNIFTY

3. Daily TF:

•Witnessed gap up opening in the past 3 days and BNF has successfully managed to stay at higher levels, specifically > 35k level.

• 35300:immediate resistance.

• 36k:strong resistance.

• Already rallied 2182 points from July 1, 2022.

#BANKNIFTY

5. Hourly TF:

• Sharp one way rally means some sideways action is required for the next leg of upmove.

• S/R mentioned on the charts.

Aditya Todmal
@AdityaTodmal

The highest THETA strategy you aren't using:

The SHORT STRADDLE STRATEGY.

Knowing how to use it can potentially give you the highest profits if the market stays in a range.

Here's the step-by-step guide: 🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. What is a Straddle
2. Perks and Drawbacks
3. What to do when in profit?
4. How to adjust when in loss?
5. Videos on Positional Straddles
6. Ratio Straddles

Let's dive in ↓

1/ What is a Straddle?

Selling ATM CE & PE of the same strike price (usually ATM options) is called a short straddle.

Look at the picture below for an example of a short straddle in current weekly options.

2/ Why do traders like short straddles?

The highest theta or highest premium is collected in a straddle.

If the view is right, it can turn into a jackpot trade.

Sometimes the view is neither bullish nor bearish just sideways.

In this scenario, the straddle will work best.

3/ Perks of Straddles

Higher probability - More than 60% winning chance

Can turn directional too - Some strategies hit one leg SL so it turns into a directional trade

Big range - Can trade in Biweekly or Monthly or Far Months to get a wider range as well.

Nikita Poojary
@niki_poojary

The most valuable aspect in trading you aren't using:

POSITION SIZING

Sizing is the key, you'll make big money only if you own a significant size without compromising on risk.

Here are 10 of them, and they are for free: 🧵

Collaborated with @AdityaTodmal

1/ For a faster growth, one needs to have a bigger size:

• What difference would it make if a stock moves by 300%?

• But then, what if you had only 1% capital allocation?

• Despite the stock performing spectacularly, your account won't reflect the same, due to small sizing.

2/ Three types of position sizing:

1. Fixed absolute Rupee amount that one is willing to risk.
2. % risk of the total capital.
3. Basis the edge.

Risk tolerance should be taken into consideration while determining appropriate position sizing.

3/ Fixed absolute Rupee Amount:

• Eg: Total capital is Rs. 10 lacs and the max risk per trade is Rs. 7500

• Lets say a stock is trading at 1200 and your SL is 1120 (i.e. your risk per unit us Rs. 1200-1120 =Rs. 80)

• Optimum qty: 7500/80 = 94 units

4/ Percentage risk of total capital:

• Lets say you want to risk 1% of the total capital on each trade.

• Considering the total capital of Rs. 10 lacs, you shall risk Rs. 10,000 i.e. 1% of 10lacs on each trade.

• Quantity to be traded/invested calculation remains the same.

Nikita Poojary
@niki_poojary

Subasish Pani revealed the most simple, yet successful strategy: 5EMA set up!

Here is a thread of 23 video clips on the 5EMA set-up that will save you hundreds of hours and available to you for no cost!

5EMA set-up: 🧵!

Collaborated with @AdityaTodmal

1/Don't hate on any style:

• Admire the fact that money can be made from intraday, scalping, positional, option buying, selling, futures, etc

• Try to understand which one fits you the most and apply that, then ignore the rest!

2/ System with a R/R of minimum 1:3:

• Here is a system that works for investing, scaping, positional, options buying and selling, futures etc.

• The R/R of this set up in intraday is 1:3 & for investing can go beyond.

3/ Why EMA over SMA? :

• Exponential moving average is used, as it places a greater weight and significance on the most recent data points.

4/ 5EMA moves very close to the prices:

• Mean reversion theory: Asset prices usually tend to go back to normal or average levels after an extreme price move.

• Prices routinely oscillate around the mean but tend to return to that same average price over and over.

Aditya Todmal
@AdityaTodmal

12 TRADING SETUPS used by professional traders:🧵

Collaborated with @niki_poojary

Here's what you'll learn in this thread:

1. Capture Overnight Theta Decay
2. Trading Opening Range Breakouts
3. Reversal Trading Setups
4. Selling strangles and straddles in Bank Nifty
6. NR4 + IB
7. NR 21-Vwap Strategy

Let's dive in ↓

1/ STBT option Selling (Positional Setup):

The setup uses price action to sell options for overnight theta decay.

Check Bank Nifty at 3:15 everyday.

Sell directional credit spreads with capped

A thread about STBT options selling,

The purpose is simple to capture overnight theta decay,

Generally, ppl sell ATM straddle with hedge or sell naked options,

But I am using Today\u2019s price action for selling options in STBT,

(1/n)
— Jig's Patel (@jigspatel1988) July 17, 2021

@jigspatel1988 2/ Selling Strangles in Bank Nifty based on Open Interest Data

Don't trade till 9:45 Am.

Identify the highest OI on puts and calls.

Check combined premium and put a stop on individual

Thread on
"Intraday Banknifty Strangle based on OI data"

(System already shared, today just share few examples)
(1/n)
— Jig's Patel (@jigspatel1988) July 4, 2021

@jigspatel1988 3/ Open Drive (Intraday)

This is an opening range breakout setup with a few conditions.

To be used when the market opens above yesterday's day high

or Below yesterday's day's

#OpenDrive #intradaySetup

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)
— Pathik (@Pathik_Trader) April 16, 2019

Aditya Todmal
@AdityaTodmal

8 Powerful Features of @iChartsIndia Option Data users should be using:🧵

Collaborated with @niki_poojary

@niki_poojary 1. Option Chain (Advanced):

Understand the options chain better so that you know the correct market direction and sell the right options with a higher probability of success.

Open Option Chain on Icharts and then click on:

• Trend
• Buildup
• Vwap

Like this:

@niki_poojary 2. Total PE - CE OI

Most popular and powerful feature, even used by experts like @nitinmurarkasmc heavily.

Observe the intraday Change in OI difference and align your trades with where writing is happening.

Can check it only for nearer strikes, or all strikes.

Here's how:

@niki_poojary @nitinmurarkasmc 3. Option OI stats

Shows you Total OI and Change in OI in bar chart format.

Can segregate from Near Atm strikes to all strikes.

Historical Data of past expiries is also available to make backtesting easier.

@niki_poojary @nitinmurarkasmc 4. Options snapshot

Option Chain with charts and Price and Open Interest showing in them.

Can look where open interest changes are happening.

Know quickly about multiple strikes Oi behaviors.

yashstocks
@yashstocks

(1/n)

Finally, I quit a high paying 15 year job to become a full-time trader.
I always dreamt of not working under anyone but yet to make good income and it happened with trading.
Now I am independent, own boss and have plenty of time to do whatever I wish to do.

(2/n)

But, Don't take any hasty decisions, I was planning for this since last 3-4 years.

My story.

I was always obsessive of stock market since 2005 as I like gambling, poker, rummy etc :)
I joined my first company in 2007 and then I got an opportunity to visit overseas.

(3/n)

I got 1 lakh money for the business trip, I put entire money in Reliance Power and as usual lost everything.
Then tried some more stocks and eventually lost and out of market.

Then had a long break until 2015 as my career was going great and was in Korea for 2 years.

(4/n)

There I met a colleague in Korea and he inspired me to enter stock market again. He used to put almost all his salary in stock market and 90% of it in a single stock.
Re-entered market with some stocks and slowly learnt F&O.
I put 10 lakhs in F&O and as a beginners luck,

(5/n)

it went upto 22 lakhs with option buying and futures.
And in next 20 days, it has fallen back to 2 lakhs. That time there was only monthly options and I still remember a trade where I bought with entire capital banknifty PE option for Rs. 350

Aditya Todmal
@AdityaTodmal

Twitter is a free university.

But 98.8% forget 20% of what they read.

Here are 10 threads you must re-read:

Topic: Reversals in Option Selling via

Few weeks ago @Ronak_Unadkat Sir conducted an exclusive session for me & @adityatodmal to explain how he trades.

He was kind enough to share all his trade strategies and was patient enough to answer our doubts.

Thought of making a \U0001f9f5for the benefit of the larger audience here.
— Nikita Poojary (@niki_poojary) November 14, 2021

@niki_poojary Topic: 2 Setups for Trending Days & 2 Setups for Reversal

For intraday trader all v need is either TRENDING Day/Reversal Day 2 get a good move wid more conviction

So i shared 2 setups 2 identify Trending Day & Reversal Day on particular underlying

Make best use of these, practise 50 trades on both setup u ll not search 4 anything else
— Pathik (@Pathik_Trader) May 16, 2019

@niki_poojary @Pathik_Trader Topic: Mistakes not to be repeated by a Pro Option

10 mistakes in my 14 years of trading as an option seller \U0001f9f5
— Sarang Sood (@SarangSood) March 19, 2022

@niki_poojary @Pathik_Trader @SarangSood Topic: How Mitesh Sir does Positional Option

A Thread on the Boss himself @Mitesh_Engr

Mitesh Sir's Positional Option Selling 101:

\u2022 How to find direction
\u2022 Which options to sell
\u2022 How to deploy capital
\u2022 Exit criteria
\u2022 What ROI he targets weekly
\u2022 What % risk he takes

Done with the help of @niki_poojary pic.twitter.com/tcTKV02oO2
— Aditya Todmal (@AdityaTodmal) July 4, 2021

Aditya Todmal
@AdityaTodmal

I went from 20,000 to 100,000 followers in 11 months.

But most of that growth came from 9 threads - which on their own generated 46,00,000 views.

So here's a recap of those 9 threads (and what they can help you with):🧵

Collaborated with @niki_poojary

I spoke to a ton of Charted Accountants as I hated paying a lot of tax last year.

I then got to know that I could've saved a lot of money by forming a Pvt Ltd Company and trading in it.

Then, I compiled all the benefits of a corporate

How to save tax when income is above 50 lakhs?

Here are 9 benefits of trading in a corporate account: \U0001f9f5

Collaborated with @niki_poojary
— Aditya Todmal (@AdityaTodmal) March 1, 2022

I used Trading View daily for a year but wasn't using it to the best of its abilities.

Most people purchase costly Tradingview plans.

Here are 9 free hacks to use Tradingview for

TradingView isn't just charts

It's much more powerful than you think

9 things TradingView can do, you'll wish you knew yesterday: \U0001f9f5

Collaborated with @niki_poojary
— Aditya Todmal (@AdityaTodmal) February 6, 2022

Whether you're a:

• Trader
• Analyst
• Content creator
• or just here to learn

You use Google Chrome daily.

So here are 16 free extensions you didn't know

Google Chrome is the best web browser out there.

But the right chrome extensions make it even better.

Here is a list of 16 free extensions you'll wish you knew yesterday
: \U0001f9f5

Collaborated with @niki_poojary
— Aditya Todmal (@AdityaTodmal) March 18, 2022

If you are on Twitter and reading this thread there's a good chance you want to become a trader.

I curated 12 free courses to start learning options to make

12 FREE Courses to Learn Options Trading:\U0001f9f5

Collaborated with @niki_poojary
— Aditya Todmal (@AdityaTodmal) April 23, 2022

Nikita Poojary
@niki_poojary

7 POWERFUL PERSONAL FINANCIAL HACKS that you wish you knew yesterday.

THREAD: Thumb rules that will make you better in managing your personal finance.

Collaborated with @AdityaTodmal

1. Rule of 72: To estimate when your money will be doubled.

Lets say you are investing in an instrument that gives you 8% p.a.

How long will it take to double your investment:

72 /Rate of interest i.e. 72/8 =9 years.

Conversely, if you come across any plans where they say you'll double your money in 7 years.

Now you can compute the interest rate.

i.e. 72/ 7years = 10.29% p.a.

2. Rule of 144 : To estimate when your money will be tripled.

114/rate of interest p.a. = No. of years required to triple your money.

Eg: lets say you are getting 12% p.a. in an instrument.

Your money will be tripled in 114/12 = 9.5 years.

3. Rule of 70: Estimates the impact of inflation on your wealth.

70 / expected long term inflation = No. of years by when your wealth will be worth half of what it is today.

Your total wealth is Rs. 1 cr. & long term inflation rate is 5%.

70/5 = 14 years.

Ishan Sharma
@Ishansharma7390

In 2019, I had
0 friends
0 money
$35K in student loan
No purpose

In 2022, I have
800K following, 50M views
2 Businesses that make over $400K ARR
0 Liabilities
On a mission🚀
Age: 20

Here's how I did it🧵

(1/n)

It all started in the summer of 2019 when I gave IIT JEE exam for which I had studied for the last two years.

I passed JEE mains but not JEE advanced, so couldn't get into any IIT.

I later gave BITSAT and got into BITS Pilani Goa (electrical engineering).

(2/n)

I decided to improve my skills and learn new things. Watching @AmanDhattarwal, @BeerBicepsGuy, @garyvee content inspired me.

After the JEE advanced results, I started learning Python & reading a few books to learn soft and hard skills.

(3/n)

In July 2019, I went to the campus, joined a few clubs, made new friends and studied machine learning and data science.

I was also a little distracted but after the 1st semester, I took programming more seriously and started focussing on web dev.

(4/n)

After realising the opportunity of social media from @garyvee, I started learning about the nitty gritty of social, what content works on which platform and how to contextualise it.

(5/n)

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