Very interesting nifty option buying setup . you will enjoy this type of setup

 

WHY TO BELIEVE IN YOUR SETUP WHILE BUYING OPTIONS.

what a nifty option setup


When you follow some strategy, make sure you believe in that strategy and follow it for its exact working.

No strategy will work 100% , sometimes you will get small stop loss hit. but if you follow it properly, it will give big profits too.

on 17th and 18th October 2023, you will see the best example of this

on 17th SL got hit, but same strike on 18th October gave huge profit.

see the nifty chart first and then strike price chart next

 IN THE CHART BELOW, YOU WILL SEE 2 RED ARROWS.
1ST RED ARROW IS STARTING OF 17TH OCTOBER AND 2ND RED ARROW IS 18 OCTOBER STARTING.

1ST GREEN ARROW GAVE BUYING PUT OPTION, THEN STOP LOSS GOT HIT. BUT NEXT DAY ON 18TH THE MARKET GAVE BREAKOUT, YOU SEE THE NEXT GREEN CANDEL, YOU AGAIN BUY PUT AND THERE YOU GET BIG PROFIT. 

ALSO SEE THE 9 DAY MOVING AVERAGE LINE AND YOU CAN FOLLOW THAT. FOR EXIT.


SEE THE STRIKE PRICE CHART AND YOU WILL UNDERSTAND THIS STRATEGY

NIFTY 19750 OCTOBER MONTHLY CHART


NOW IN THIS STRIKE PRICE CHART, WHEN BUYING CAME AT 2 O CLOCK IN NIFTY, IT WAS 95 AND YOUR STOP LOSS WAS 70. Market went till 117 and then came down at 77. so you exit at day end on 77, your stop loss was not hit, but we will not carry the trade next day, thats risk in big gap up or big gap down day. so play safe. now 
next day on 18th again you got buying in nifty chart at 10.45 o clock. the buying came at 102 and you will see one big candle in that, that touched 150, you got good profit, so just exit the trade, there it self. 

market at day end, went till 163, but you can exit at 150, thats safe. 
on nifty chart no actual exit came, but when profit comes fast and with big candel, its advisable  to book profit.

please share how you liked this trade setup.

BUYING NIFTY OPTION WITH STRATEGY.

 

PLEASE NOTE, BEFORE READING AND SEEING THIS STRATEGY, MAKE SURE THIS IS JUST FOR EDUCATION PURPOSE. I AM NOT SEBI REGISTERED. IT’S NOT CALL OR PUT BUYING ADVISE. 

I AM JUST SHARING MY VIEW. IF YOU LIKE IT. YOU CAN FOLLOW. PLEASE BACK TEST AND DO YOUR OWN RESEARCH, BEFORE ENTERING REAL TRADE. OPTION IS VERY RISKY, SO DON’T FOLLOW ANYONE, BLINDLY. DO FULL PRACTICE AND KEEP PROPER STOPLOSS AS PER YOUR RISK.


Comments

Post a Comment

Popular posts from this blog

NIFTY OPTION BUYING FOR 12TH OCTOBER

Image
SAFE STRATEGY FOR NIFTY OPTION BUYERS NIFTY SPOT CHART FOR 12TH OCTOBER 2023. CALL BUYING STRIKE PRICE 19850 AND PUT BUYING STRIKE PRICE 19800   see the chart below for 19850 buying is 165 and high is 174. so approx 10 points.  in this case, let the premium cross 174 with good volume, or else dont enter the trade.in the volume chart there is no volume at all. now in put chart for 19800 you can see 123 is low, so you can buy at 123 if there is volume for buying, here stop loss is 113. so if you enter here, you target can be  139, it reached till 152. but there was no volume so we exit fast, in option buying dont buy if there is not much scope of big target, or else if you enter the trade, exit fast, if volume is missing. PLEASE NOTE, BEFORE READING AND SEEING THIS STRATEGY, MAKE SURE THIS IS JUST FOR EDUCATION PURPOSE. I AM NOT SEBI REGISTERED. IT’S NOT CALL OR PUT BUYING ADVISE.  I AM JUST SHARING MY VIEW. IF YOU LIKE IT. YOU CAN FOLLOW. PLEASE BACK TEST AND DO YOUR ...
Read more

warren buffet option trading strategy

 Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, is known for his value investing approach and generally avoiding complex financial instruments like options. Buffett has often advised individual investors to focus on long-term, fundamental investing rather than trying to speculate with options or other derivatives. His investment philosophy is built on the following principles: Invest in What You Understand: Buffett recommends investing in businesses and industries you understand. He often emphasizes the importance of investing in companies with durable competitive advantages, also known as economic moats. Buy and Hold: Buffett is a proponent of long-term investing. He suggests holding onto quality stocks for the long haul, rather than trying to time the market or engage in frequent trading. Margin of Safety: He advocates buying stocks when they are undervalued, with a margin of safety. This means buying stocks at a price significantly lower than their in...
Read more

Best "Nifty option strategies" For buying "Intraday Nifty options"

Image
 "Nifty option strategies" As you all know, we are here to discuss about nifty option buying. we focus on buying option and not selling. option selling is considered is safe trade buy its very costly and required big capital to trade.  but for option buying, the capital required is very less, and if you practice hard then there are good chances to succeed in nifty option buying too. Its said 9 out of 10 buyers loose money. so its risky, but to be in then winning trade, you can follow some good strategy.  What is  "Best Nifty options to buy".  As per my view i will say, go for far options while buying, dont go for very near expiry. near expiry will be less costly, but very risky if trade goes against you.  Is it good to get "Nifty option trading tips" Getting tips from someone is not bad, but following that tip blindly is very risky, i suggest you to first learn and understand options. then do some practice with paper grades, then once you are confident, go...
Read more