I doubled my Capital in a week using My Options Buying Strategy - Check it out

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Step 1: Pre-Market Analysis

For Equity and Options in Stock

1. Stock Selection: This is the part where you decide which stock you want to trade or which stock will give you the best move. Since there are 1000s of stocks tracking all of them is not possible. So, you need to fix 4-5 stocks in which you can trade. In this video, you will understand how to select stocks in detail.

   https://youtu.be/p7Hp2Hk0ZKs

2. Drawing Key Levels:

   https://youtu.be/oEwRBw78m0o?si=bG53bJgR2TjSA4wz

3. Identifying Trend:

   https://youtu.be/zNQUbyowAQU?si=4dJKMwg2h44sqDFY

For Options in Indices (Nifty/Bnf)

1. Drawing Key levels (Like Support, Resistance, and Trendlines):

   https://youtu.be/ml6OPrGoZrg?si=fgukW9IoeKmHl5dw

2. Understanding Options Chain:

https://youtu.be/l5lORzzpOYg?si=nO6vM4JewkNThIac

1. Tracking Global Market News: (Tap to extend)
   • When participating in index trading, it is crucial to keep a close eye on the global market, with a particular focus on the US market. Global news and events may not always have a direct impact on individual stocks, but they are highly likely to influence the performance of indices. Read more…

Once it’s done then:

• Decide Whether to Buy/Sell based on Trend
• Set clear Entry, Stoploss, and Target in Advance

Step 2: Prior Market Opening Analysis

1. Check news related to your stock & Global market.
2. News related to stocks will help you determine whether your analysis is likely to be successful or not.
3. News related to the global market will help you understand the movement of Nifty and Bank Nifty.

• If there is no news, do this (Tap to extend)

• If there is Good News, do this (Tap to extend)

• If there is bad news, do this (Tap to extend)

But how to understand the news?

Don’t worry I got you.

Type of Good News

• Positive Earning report
• Revenue Growth
• New Product Launch
• Partnership and Collaboration
• Mergers and Acquisition
• Regulatory Approvals
• Government Policies
• Positive Analysts recommendation

Type of Bad News

• Negative Earning report
• Product Recall
• Negative Legal issue
• Management Change
• Competitive Threat
• Interest Rate Hike
• Credit Rating
• Political Instability
• Industry Specific challenges
• Geopolitical events

<aside> 💡 After completing all the necessary steps, wait for entry levels. There is a possibility that you may not get an entry even after extensive analysis, and that's perfectly okay. Never execute a trade out of FOMO or in a hurry.

After execution, don't panic. Stay calm and keep track of your stock. Your only exit options should be either the stop loss or the target.

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