Rules never Forget

1. Be cool Mind and ready for bear the loss before start the trading.
2. Order type is Always – MIS
3. No order before 9:21 am

1st Strategy of Option Trading – Dated 14 Oct 18

1. Open Nifty or Bank Nifty at 9:05 to 9:15 and get the trend of market.
2. Buy the CE or PE based on the trend according to Budget and lot size (75)*4=300
3. Risk Reward Ratio is 2:1
a. Target – 10K
b. SL – 5K
4. Target – 20 Points/SL 20 based on the purchased Option
a. Point to be calculated based on last 15 minutes average
5. Open 3 Minutes Candle with below technical Indicator
a. Candle Type – Hesinamki
b. Parabolic SAR (0.02X0.2)
c. Super Trend (14X3)
d. Stochastic (80X20)
6. Indicator for Placing Buy order.
a. Parabolic SAR Indicator
i. Below the super Trend Line
ii. Change the trend with small candle.
iii. Enter on 2nd candle always after trend change
b. Super Trend
i. Should not be straight (with some angle)
c. Candle
i. Body +(upper shadow) should be bigger than lower shadow (ref Fig 1)
ii. Candle should cross/touch the super trend line
d. Stochastic
i. Direction is in upward.
ii. Fast Line(Black) of Stochastic cross(upside) the slow line (Red) in stochastic
7. Indicator for exit (Sell the Purchased Lot)
a. Parabolic SAR Indicator
i. Cross/Above the super Trend Line
ii. Change the trend with medium or big candle.
b. Super Trend
i. Should straight
ii. Touch the
c. Candle
i. Body + (lower shadow) should be bigger than upper shadow (ref Fig 1)
d. Stochastic
i. Direction is in downward.
ii. Fast Line(Black) of Stochastic cross(downward) the slow line (Red) in stochastic