Buying dips in an uptrend

#21
Today my options strategy yielded 0.8% on current week expiry and o.45% on next week expiry.
Trend is your friend till it's about to end .
 
#22
Yesterday my nifty options strategy yielded just 0.12% :(

Bank Nifty Spot

BNF.251019.jpg


Daily -20 SMA down , Momentum: Down
15M - 50 SMA Down
Trade short near centreline
 
#23
NIFTY

NIFTY.251019.jpg

Daily - Trend: Flat Momentum : Down
15 M: Short at upper band

It's declining in 3s, so either it's making a tripple zig-zag correction or a leading diagonal wave 1 ...
If it turns out to be a leading diagonal wave 1 , it can simply crack and accelerate down in wave 3

Be very cautious with long positions
 

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?