Analysis based on price action to figure out how price reacts along with option chain, multiple pattern formation, tried to test Elliot wave too, retracement levels marked as per fib retrace, day low considered as strong support along with 2 resistance level as per Fibonacci. Candle stick analysis. Also used volatility index to figure out the movement of the...
Trading based on volume and open interest on option chain. S/R levels also calculated as per option and have tried to test with some random indicator from trading view. 30 min time frame for Target and stoploss. NSE:NIFTY
BTST trade carried based on S/R levels as per the Option chain, further identified "M" pattern in smaller time frame to have a view for trading. Was able to confidently carry the trade on weekend as per the support level and was sure for gap up opening today on Monday. Full video of this trade is already uploaded in part 1 & 2. Click on link below in related ideas.
I have used the S/R levels as per the option chain volume, alongside I also used price action for trend analysis and breakout/reversals. For indicators I used Pivot point with Fibonacci & camarilla and regression channel for trade confirmations. I had a bearish view for today's session but for week i have a bullish view. In this video I am trying to find a proper...