BankNifty Long Trade 15m TF, 1800+ Points gains on RisologicalBankNifty Long Trade 15m TF, 1800+ Points gains on Risological
Oh man!
Look at this beauty.
Many users on TradingView message me -
"Why dont you trade in lower time frames like 1m or 5m?"
The thing is, indexes like Nifty, BankNifty and other indexes in Options trading are very volatile and no strategy can accurately work in lower time frames, unless you are a tick trader or quick scalper.
Everybody has their own style and preferences when it comes to trading.
I am more comfortable trading Nifty and BankNifty in the 15m because:
My blood pressure doesn't rise during trading the 15m time frame charts
I buy month contracts with at least 15 days to expiry, to catch the big moves like this one.
I religiously follow the Risological swing trading indicator, thus avoiding any emotional trading.
The result is in front of you!
1800+ points and counting!!
Isn't this lovely?
Optionsstrategies
Opened (IRA): EWW Oct 18th 50 Monied Covered Call... for a 49.02 debit.
Comments: Selling the -75 call against stock to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. The IV isn't fantastic here at 29.8%, but the ROC is kind of what I'm minimally looking for out of this sort of play, so putting on a small position here, particularly since the underlying isn't all that far off its 52-week low.
Metrics:
Buying Power Effect/Break Even: 49.02
Max Profit: .98
ROC at Max: 2.0%
50% Max: .49
ROC at 50% max: 1.0%
Generally, will look to take profit at 50% max, roll short call for duration and credit on side test.
BANK NIFTY INTRADAY LEVELS FOR 19/09/2024BUY ABOVE - 52820
SL - 52620
TARGETS - 53000,53230,53500
SELL BELOW - 52620
SL - 52820
TARGETS - 52400,52260,52120
NO TRADE ZONE - 52620 to 52820
Previous Day High - 53000
Previous Day Low - 52120
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY ANALYSIS FOR 19/09/2024BUY ABOVE - 25380
SL - 25310
TARGETS - 25440,25500,25580
SELL BELOW - 25310
SL - 25380
TARGETS - 25240,24190,24130
NO TRADE ZONE - 25310 to 25380
Previous Day High - 25500
Previous Day Low - 25310
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BankNifty 1600+ Points Gain in 7 days! Using RisologicalBankNifty CRAZZZZZY Gains using the Risological indicators.
Do I have to say a word?
Massive 1600 points gain, and still looking solid on the 15m time frame.
This is the beauty of trading the options in 15 min time frame.
Yes, you would need more capital compared to the weekly contracts.
I have been trading the Nifty, Banknifty and MidCPNifty in 15m time frame from almost 2 years now, and I have no regrets.
Some points to keep in mind using this Risological strategy:
- Use 15m time frame chart
- Apply Risological swing trader indicator
- Buy monthly contracts, that have at-least 15 days time till expiry.
- Catch big moves
All the best and namaste!
BANK NIFTY INTRADAY LEVELS FOR 17/09/2024BUY ABOVE - 52200
SL - 51990
TARGETS - 52400,52620,52800
SELL BELOW - 51990
SL - 52200
TARGETS - 51820,51670,51530
NO TRADE ZONE - 51990 to 52200
Previous Day High - 52200
Previous Day Low - 51990
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Opening (IRA): USO Oct 18th 64 Covered Call... for a 62.48 debit.
Comments: Adding a smidge to my position here at better break evens than what I currently have on. Selling the -75 delta (ish) against long stock to emulate the delta metrics of a 25 delta short put, with the built in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 62.48
Max Profit: 1.52
ROC at Max: 2.43%
50% Max: .76
ROC at 50% Max: 1.21%
NIFTY INTRADAY LEVELS FOR 17/09/2024BUY ABOVE - 25440
SL - 25380
TARGETS - 25500,25580,25650
SELL BELOW - 25310
SL - 25380
TARGETS - 25240,24190,24130
NO TRADE ZONE - 25310 to 25440
Previous Day High - 25440
Previous Day Low - 25310
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVEL FOR 16 SEP 2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52180,52400,52620
SELL BELOW - 51670
SL - 51820
TARGETS - 51530,51400,51230
NO TRADE ZONE - 51670 to 51990
Previous Day High - 51990
Previous Day Low - 51670
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVEL FOR 16 SEP 2024BUY ABOVE - 25420
SL - 25310
TARGETS - 25500,25580,25650
SELL BELOW - 25310
SL - 25420
TARGETS - 25240,24190,24130
NO TRADE ZONE - 25310 to 25420
Previous Day High - 25420
Previous Day Low - 25310
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
VFS VinFast Auto Options Ahead of EarningsIf you didn’t short VFS before the major selloff:
Now analyzing the options chain and the chart patterns of VFS VinFast Auto prior to the earnings report this week,
I would consider purchasing the 5usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $1.97.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Opening (IRA): TQQQ Dec 20th 47 Covered Call.. for a 42.71 debit.
Comments: Since all my rungs are now out in Dec, adding one at lower break evens than what I currently have on, selling the -75 delta call against long stock to emulate a 25 delta short put, but with built-in short call defense.
Metrics:
Buying Power Effect/Break Even: 42.71
Max Profit: 4.29
ROC at Max: 10.04%
50% Max: 2.15
ROC at 50% Max: 5.02%
$SPY Ranges Playing Out Perfectly - Expectations for 9/13/24For tomorrow - Above $559.60 -> $562 could be hit on AMEX:SPY
There is significant resistance at $559.60, so it could be a reversal point to watch for a bearish trade back down through the channel.
We have trend support that has become resistance at $562, which will be a mountain to climb and I don't expect that to happen tomorrow.
Today's Recap - We did great trading the bullish breakout on $556C for 100%+ (overall).
We caught the wick down on entry one, then the breakout entry on entry two.
Map out your pivot points, trade smart, and execute within your plan!
We will be going LIVE at 2:30 on our private community stream to discuss the week in review, map out some trades, and set ourselves up for clear profitability into next week!
Opening (IRA): IWM Oct 18th 192/214/214/236 Iron Fly... for an 11.61 credit.
Comments: Highest IV of broad market ETF's at 27.6%. More small stuff (relatively speaking) while I twiddle my thumbs waiting on other October setups ... .
Metrics:
Buying Power Effect/Max Loss: 10.39
Max Profit: 11.61
ROC at Max: 111.74%
25% Max: 2.90
ROC at 25% Max: 24.98%
Will generally look to take profit at 25% max.
Opening (IRA): COIN Oct 18th 130/140/200/210 Iron Condor... for a 3.66 credit.
Comments: High IV at 73.4%. More small stuff while I twiddle my thumbs. Skewing this just a smidge long, with resulting delta at 2.35.
Metrics:
Buying Power Effect/Max Loss: 6.34
Max Profit: 3.66
ROC at Max: 57.72%
50% Max: 1.83
ROC at 50% Max: 28.86%
Will generally look to take profit at 50% max; roll in untested side on side test.
NIFTY INTRADAY LEVELS FOR 13/09/2024BUY ABOVE - 25420
SL - 25320
TARGETS - 25500,25580,25650
SELL BELOW - 25320
SL - 25420
TARGETS - 25240,24190,24130
NO TRADE ZONE - 25320 to 25420
Previous Day High - 25420
Previous Day Low - 24950
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 13/09/2024BUY ABOVE - 51750
SL - 51550
TARGETS - 51880,51990,52140
SELL BELOW - 51550
SL - 51750
TARGETS - 51400,51230,51080
NO TRADE ZONE - 51550 to 51750
Previous Day High - 51880
Previous Day Low - 51080
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 12/09/2024BUY ABOVE - 51120
SL - 50970
TARGETS - 51260,51400,51550
SELL BELOW - 50970
SL - 51120
TARGETS - 50860,50740,50600
NO TRADE ZONE - 50970 to 51120
Previous Day High - 51400
Previous Day Low - 50970
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 12/09/2024BUY ABOVE - 24950
SL - 24900
TARGETS - 25020,25080,25130
SELL BELOW - 24900
SL - 24950
TARGETS - 24860,24800,24750
NO TRADE ZONE - 24900 to 24950
Previous Day High - 25130
Previous Day Low - 24900
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 11 SEP 2024BUY ABOVE - 51400
SL - 51260
TARGETS - 51500,51750,51880
SELL BELOW - 51260
SL - 51400
TARGETS - 51000,50890,50740
NO TRADE ZONE - 51120 to 51400
Previous Day High - 51400
Previous Day Low - 51000
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 11 SEP 2024BUY ABOVE - 25080
SL - 25020
TARGETS - 25130,25190,25240
SELL BELOW - 25020
SL - 25080
TARGETS - 24960,24910,24860
NO TRADE ZONE - 25020 to 25080
Previous Day High - 25130
Previous Day Low - 24910
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVES FOR 10/09/2024BUY ABOVE - 24960
SL - 24910
TARGETS - 25020,25080,25130
SELL BELOW - 24860
SL - 24910
TARGETS - 24800,24740,24700
NO TRADE ZONE - 24860 to 24960
Previous Day High - 24960
Previous Day Low - 24750
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍