I've worked hard towards setting up an index futures system that trades on Nifty and BankNifty Futures. It is a breakout system that I intend to document here everyday. It only takes 10 minutes of time in a day. 5 Minutes in morning to punch trades with SL and 5 minutes near EOD to close...
Bank Nifty Trading Strategy for 29th Jan'2020.
The sentiment is Bearish:- Trend will change to positive if we start trading above 31,480.
Recent High (10th Jan) :- 32,347 & Recent Low (22rd Jan):- 30,614
23.6% 31,938.012 Pending
38.2% 31,684.994 Pending
50% 31,480.5 Pending
having very frequent trading in banknifty, nifty option,
request to open immediately new trading account with maximum (fix) margin per lot selling, and zero brokerage trading plan,
request to call me on 982five04147six,
Starting a new thread, for those interested in option writing. Buying options always has the risk of sideways movement which makes the option lose value. Writing options involves higher margin but can be 'low or medium' level of risk as compared to buying options.
Discussing ways and refining...
I am planning to track BANKNIFTY per Elliott Wave principle. It will serve a sort of trading diary and also may provide a retro view of what works and what does not.
I urge members to comment on the analysis.
The original post is housed here...
Zerodha supports Market-Order buy/sell of index options (Nifty and BankNifty), but they have their own basket of issues and technical glitches.
Can anyone help me to know which are the other brokers which supports market-order buy/sell of index options?
Mostly all options needs a limit...
I was trading regularly in BankNifty naked options intraday for last couple of months. Whereas i made some really good profits, but sooner or later i realize there is too much risk on it, and almost deciding to stop trading in BNF options. Why?
Too much volatile, high beta.
The average true...
All sectoral PE ratios have gone thru the roof. I feel like the market has to consolidate. But this uptrend does not show any signs of weakening !:confused:
Do you see any downside to markets in this JUNE month ?
Is it possible to earn 3 lakhs from 50000 in a span of 6 months?
I would like to achieve this target and would want your thoughts regarding my 3 lakhs target.
Is it possible in 6 months, if not, then what can be the average ideal time to make this happen.
If not in 6...
Does anyone have experience on copytrading services offered by Forex Brokers.
If their claim is genuine,it seems like autotrading most Profitable Trades from Experts..
I've seen many Overseas Forex Brokers offering this service,but not anyone fromIndian Markets
This Thread is a part of my attempt to share my Trading Plans for coming days.
My Trade Plans are not just based on Intuition,but strictly based on Technical Analysis based on a combination approach of GannAngles, PivotPoints and Fibbonacci ratios.
Although i am able to Analyse any...
I challenge everyone here to beat this report with the same consistency..
With God's grace I have been able to develop a fully mechanical system for BANK NIFTY futures which is averaging around 900 points in the last 6 months.. I also thank TJ for helping me develop this system...
I am starting this thread to help friends who are trading in Nifty & Banknifty on positional basis.I will be posting Nifty & Banknifty positional calls and its updates. If anyone likes to trade using these calls , they are requested to trade in atleast 2 lots. I will be trying my best to keep it...
For time being I have been looking for some strategy which requires minimal time in front of screen. I have one "Mid day break out" system which is very good; but even that I am finding difficult for its night time for me.
I hope this one will turn out great for me and for every one who wants...