Quantitative Derivatives Trader. Tweets not a recco to buy or sell, use your judgement
ITC fut - 15 min charts. A simple trendline has been drawn, I guess everyone knows how to draw a trendline. ( If not, see this first : ) Now the question is will a breakout work or fail?
The Quantified Breakout model to be shared this Saturday suggests : ITC fut on the verge of a quantified breakout> 198 by closing. This breakout has a high probability of being true and not a false breakout #positional
How can breakouts at bottom or breakdowns from tops be identified ? ( the bonus technique in the Quantifying Breakouts webinar) On Nifty and BankNifty 5 min charts.
The peak and trough running analysis for Nifty and Banknifty. Remember, the last signal on zigzag is not to be trusted .
Yesterday used a term while analysing Nifty in my video : #melt_up Hope everyone gets it what it means seeing the rates now :)
My view of Nifty and ITC for the coming week analysed around the end of this video using simple Dow theory peak and trough analysis and trendlines
Dow Theory continued : Peak and Trough Analysis And what I am expecting on the Nifty next week :) Use #HEADPHONES
We are out of HDFC fut at 1630, trade closed for us
HDFC : first see the trendline on line charts, you will see a point missing. Then see the candlesticks. Remember what I told about clustering? HDFC has the potential to be a very large dark horse for the bulls tomorrow, this trendline breakout can be huge
BajFinance we had PE, sqedoff today. New position opened on TataSteel CE June #positional
And people who have trolled me on BajajFinance. Bhaiya, mera track record dekh lo. Jiska pichhe para hai, like PC Jewellers, DHFL, YesBAnk, RelianceCapital, RNRL, JetAirways... futures se delist karke chhore hain 🤣 ( go thru my past tweets. )
Small typo in earlier screenshot, ITC was 2 lots. This is the corrected one ( funny no one could see that a 10 rupee spread cannot have a 10 rupee entry 😀)
We lost on the BPCL bear spread, stops were triggered. We gained on the ITC Spread. 6 trades so far with 4 wins and 2 losses, netting 4% on capital . Not carrying any positions today
We have opened two new trades today Bullish options strategy on ITC Bearish options strategy on BPCL ( someone asked for the names in advance, so here you go. Do not blindly follow this as we have rules what to do going forward)
The positional short was in BajajFinance, a 1800-1600 bear put spread ( 2 lots), out of that today before the results. We have also initiated 2 more positions today, bullish structure on ITC and bearish on BPCL
Daytrading over, we have started positional handholding since Friday. We were in two trades with 1% risk of capital in each 1. BNF monthly 19k-18k bear put spread 2. ICICIBANK 330-310 bear put spread Both hit our targets today. Have initiated another positional short today
Monday bloody Mondays once again. We were positionally short since Friday on BNF and ICICIBANK :)
We had positional shorts running on Nifty, BNF and BajajFin thru monthly PEs. Sqedoff Nifty and BNF PEs at profit, BajFin PEs at loss. Reason for sqoff : Modiji coming at 8pm today. We do not go into these kind of events with any positions
What's up, ITC ? 🤨 A close below 150 will be very bad
The only clue on Thursday that the bull move was under threat on Nifty came from the VIX. Price said zilch and gave a totally wrong picture #Price_shaitaan_chhe #Hindsight_Analysis