8.4.2021 lessons



 Straddle stoploss 3500 on all days.If it goes beyond that then exit.

In expiry put a MTM based stoploss and 9000 target.

If your profit is running at 12000 and it goes below 10000 then exit all the positions.


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To do list in chart before trading



Algorithm

1.HAs market given breakout in bigger time frame nad weekly monthly support and resistance.

Yes:then no trading day

no:take starddle

has market iv has spiked up

If yes take high qty  skewed short straddle

if no:then take less qty short straddle

Is market going to fin any strong support at the bottom

is market likely to get any reversal?

at low vix enviornment ,look for reversal trading and consolidation trading in market

Draw support resistance ebased on fibonaci 

double bottom or head and shoulder

Trendline in 15 minute and 1 hr timeframe and big time frame

1 day chart pateern to find out sentiment

cpr touch

gapup/gap down /flat opening check

yesterday low,high and closing+today's opening strong support and resistance

nifty and fin nifty support to banknifty

Vwap

confluencial trading with all indicators

previous week low and high

2nd time ema breaking is powerful than 1st time ema breaking



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Best Indicators for option selling



CD_PivotR-

//Created by CristianD

study(title="Pivot Range", shorttitle="CD_PivotR", overlay=true) 

sd = input(true, title="Show Daily Pivots?")


//Pivot Range Calculations - Mark Fisher

pivot = (high + low + close ) / 3.0 

bc = (high + low ) / 2.0 

tc = (pivot - bc) + pivot


//Daily Pivot Range 

dtime_pivot = security(tickerid, 'D', pivot[1]) 

dtime_bc = security(tickerid, 'D', bc[1]) 

dtime_tc = security(tickerid, 'D', tc[1]) 


offs_daily = 0 

plot(sd and dtime_pivot ? dtime_pivot : na, title="Daily Pivot",style=circles, color=fuchsia,linewidth=3) 

plot(sd and dtime_bc ? dtime_bc : na, title="Daily BC",style=circles, color=blue,linewidth=3)

plot(sd and dtime_tc ? dtime_tc : na, title="Daily TC",style=circles, color=blue,linewidth=3)



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Warrir thunderbolt Indicator BB EMA VWAP PIVOT



// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © Stock_Warrior //@version=4 study(title="Warrior Thunderbolt Indicator", shorttitle="WTI", overlay=true) showpivot = input(defval = true, title="Show Pivot Points") showEMA9 = input(title="Show EMA9", type=input.bool, defval=true) showEMA20 = input(title="Show EMA20", type=input.bool, defval=true) showEMA50 = input(title="Show EMA50", type=input.bool, defval=true) showEMA100 = input(title="Show EMA100", type=input.bool, defval=true) showEMA200 = input(title="Show EMA200", type=input.bool, defval=true) showVWAP = input(title="Show VWAP", type=input.bool, defval=true) showBB = input(title="Show BB", type=input.bool, defval=true) prevDH = input(true, title="Show previous Day high?") prevDL = input(true, title="show previous Day low?") EMA9_Len = input(9, minval=1, title="EMA9_Length") EMA9_src = input(close, title="EMA9_Source") //EMA9_offset = input(title="EMA9_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA9_out = ema(EMA9_src, EMA9_Len) plot(showEMA9 ? EMA9_out:na, title="EMA9", color=color.yellow, offset=0) EMA20_Len = input(20, minval=1, title="EMA20_Length") EMA20_src = input(close, title="EMA20_Source") //EMA20_offset = input(title="EMA20_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA20_out = ema(EMA20_src, EMA20_Len) plot(showEMA20 ? EMA20_out:na, title="EMA20", color=color.blue, offset=0) EMA50_Len = input(50, minval=1, title="EMA50_Length") EMA50_src = input(close, title="EMA50_Source") //EMA50_offset = input(title="EMA50_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA50_out = ema(EMA50_src, EMA50_Len) plot(showEMA50 ? EMA50_out:na, title="EMA50", color=color.green, offset=0) EMA100_Len = input(100, minval=1, title="EMA100_Length") EMA100_src = input(close, title="EMA100_Source") //EMA100_offset = input(title="EMA100_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA100_out = ema(EMA100_src, EMA100_Len) plot(showEMA100 ? EMA100_out:na, title="EMA100", color=color.red, offset=0) EMA200_Len = input(200, minval=1, title="EMA200_Length") EMA200_src = input(close, title="EMA200_Source") //EMA200_offset = input(title="EMA200_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA200_out = ema(EMA20_src, EMA200_Len) plot(showEMA200 ? EMA200_out:na, title="EMA200", color=color.lime, offset=0) // Get user input vwaplength= input(title="VWAP Length", type=input.integer, defval=1) cvwap = ema(vwap,vwaplength) plotvwap = plot(showVWAP ? cvwap : na,title="VWAP",color=color.orange, transp=0, linewidth=2) length = input(20, minval=1) src = input(close, title="BB_Source") mult = input(2.0, minval=0.001, maxval=50, title="BB_StdDev") basis = sma(src, length) dev = mult * stdev(src, length) upper = basis + dev lower = basis - dev offset = input(0, "Offset", type = input.integer, minval = -500, maxval = 500) plot(showBB ? basis : na, "Basis", color=#872323, offset = offset) p1 = plot(showBB ? upper : na, "Upper", color=color.teal, offset = offset) p2 = plot(showBB ? lower: na, "Lower", color=color.teal, offset = offset) fill(p1, p2, title = "Background", color=#198787, transp=95) //previous day prevDayHigh = security(syminfo.tickerid, 'D', high[1], lookahead=true) prevDayLow = security(syminfo.tickerid, 'D', low[1], lookahead=true) //previous day Plots plot( prevDH and prevDayHigh ? prevDayHigh : na, title="Prev Day High", style=plot.style_stepline, linewidth=2, color=color.red, transp=0) plot( prevDL and prevDayLow ? prevDayLow : na, title="Prev Day Low", style=plot.style_stepline, linewidth=2, color=color.green, transp=0) // colours for the chart col0 = #6666ff col1 = #ebdc87 col2 = #ffa36c col3 = #d54062 colD = #799351 res = input(title="Resolution", type=input.resolution, defval="D") h = security(syminfo.tickerid, res, high[1], barmerge.gaps_off, barmerge.lookahead_on) l = security(syminfo.tickerid, res, low[1], barmerge.gaps_off, barmerge.lookahead_on) c = security(syminfo.tickerid, res, close[1], barmerge.gaps_off, barmerge.lookahead_on) // Pivot Range Calculations: Fibonac0 pivot = (h + l + c) / 3.0 plotF = input(defval=false, title="Plot 0.236", type=input.bool) supp0 = (pivot - (0.236 * (h - l))) supp1 = (pivot - (0.382 * (h - l))) supp2 = (pivot - (0.618 * (h - l))) supp3 = (pivot - (1 * (h - l))) res0 = (pivot + (0.236 * (h - l))) res1 = (pivot + (0.382 * (h - l))) res2 = (pivot + (0.618 * (h - l))) res3 = (pivot + (1 * (h - l))) plot(showpivot ? pivot : na, title="D Pivot", style=plot.style_stepline, color=color.black, linewidth=2) plot(plotF ? supp0 : na, title="0.236", style=plot.style_stepline, color=color.orange , linewidth=1) plot(showpivot ? supp1 : na, title="S1", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? supp2 : na , title="S2", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? supp3 : na, title="S3", style=plot.style_stepline, color=color.orange, linewidth=1) plot(plotF ? res0 : na, title="0.236", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? res1 : na, title="R1", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? res2 : na, title="R2", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? res3 : na, title="R3", style=plot.style_stepline, color=color.orange, linewidth=1)
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Elearnmarkets.com all lectures



 क्या है सही तरीका Open Interest और Price को मिलाकर share trading करने का?Chetan Ji's 11 Dec 2020

If break out happens with increase in open interest and volume spike,and sustained above support for two to three days,then this type of breakout becomes more power full adn in upcoming days ,ther is high chance of price hike.


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Everyday remeber Rules to be followed during trading



 1.If gapup and gapdown ,then market couldbe sideways

If no gapup or down ,market would be trendy

2.Previous day high and low as support and resistance

If trading after 10 o clock ,Today high and low as support and resistance.RSI above 50 bullish and RSI below 50 bearish.Check if previous day low as well today day broken then go for sell anyhow and vice versa for buying.

3.Check price change if market moves 300 points using sensibull.Always use fibbonacci to check retracement level(very Crucial).Always open all global market indices tab before you in investing.com 

4.Dont think about profit and always think about putting very less stoploss and saving ur capital .Profit will come but you have to control losses..

5.Always buy at support (low) and sell at resistance (High).Even if market looks threatening.

If HDFC moves by 10 points ,then banknifty will move by 200 points.High beta stocks like RBL bank and bandhan bank if they are bull ,then go for bullish view,and reverse is true for banknifty.Check in trading view ,If all banks are positive then dont go for shorting.Compare nifty ,reliance ,hdfc and banknifty before taking any decision because nifty and at 12:30 uk market gives early indication for banknifty.

6.try to make a skewed strangle at the middle price point of day's first 15 minute candle.Market try to deviate from that mean only at the end of the day

7. 5 Minutes inside candles are like diamonds in the market.Just try to search for those inside candles

8.Friday -No strangle,Accept the loss,try to exit after consolidation because big movements come after consolidation.If gapup and gapdown theroy

Market always try to comeback to its original position from where it started.After big fall has happened previous dy try to expect a sideways market

Use volatility contraction rule.Always open investing 6 future windows in laptop(s&P,DAX,FTSE)

Rising wedge ,bearish wedge ,bearish flag -Be careful for buyers

10.100% success Best rule-Horizontal support and resistance+trend line +bearish flag or bearish wedge+sangam of trend line and resistance break


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