Performance on 01st Dec 2020
My calls performance on 01st Dec 2020 shown in chart below
Reason for my Entry:
- Today's 1st candle is big red candle so who are all believe today's market to be fallen and buy the put option they all are traped
- 2nd candle not break and close below the 1st candle low and same time their is a "S3" and candle are taking support at "S3" so market is possible go UP side.
- So i decided to give a call in Call option of Bank nifty 03rd Dec 29800 CE at BUY above 350
- Important Points is where to kept your stop loss below "S3" or 1:2 ratio for out target
- I fix my target is today's High
Why i choose 29800 CE
- Today's high is marked in pink color line (29792 so i choose nearest one 29800 CE option give a good movement)
Check the below screenshot of my calls posted today in my APP (App link given in Follow me Tab)

Sir what are the 3 three indicator u r using sir...plz .let me know n thank u for ur knowledge
ReplyDelete1.Camarilla pivot point(Favourite and main indicator used show in chart "R3 & S3"
Delete2.Moving average
3. Standard pivot point
Thank u for ur response sir
ReplyDeleteSir why u choose most cases the option premium at 350 above is there any break out exactly at that levels on that day movement
ReplyDelete