LIVE TRADE || Expiry Day || 2.5 Lakhs ++ || Never Seen Before || Nifty Options| Anish Singh Thakur | - YouTube

Channel: Booming Bulls

[9]
Hello guys! My name is Anish Singh Thakur.
[11]
I've made another live video for you.
[13]
It's on 2nd or 3rd September, Wednesday.
[15]
And today is the expiry day, and if you want to see my trades,
[18]
you can see them in this video.
[19]
The reason is that it should give you some learning.
[23]
Like, I took a trade of BTST as well.
[25]
But, I was proven wrong, so how did I cut it instantly?
[28]
And I have taken a trade today and was proven right.
[30]
Then how long I held it?
[31]
What type of mindset you should have?
[33]
You will be learning all these things.
[35]
So, make sure you watch this video when you have time.
[37]
Please don't watch it by skipping and forwarding, alright?
[39]
Okay, thank you so much, guys! We'll meet you in the outro video.
[44]
Hello guys! Good evening!
[46]
It's 11:45 in the night.
[48]
It's 11:45 in the night.
[50]
And the trade I have taken today...
[52]
Today I have done a selling options.
[54]
These are the major strike prices that I have worked on.
[58]
And the remaining are nothing but some experiments,
[60]
like hedging and some other efforts.
[62]
But, these are the two strike prices where I have worked.
[64]
And I will share all that with you now.
[67]
I will analyze it, and tell you why I have taken them and what the logic was there.
[71]
And...
[73]
You learn something from this.
[75]
So, let's talk about that.
[77]
So...
[78]
So, it's today's candle, a daily candle.
[81]
Before this, see what happened here.
[82]
It has become a Doji candlestick.
[85]
And before that, you can see a huge bearish candlestick.
[90]
That would come down and take a support here.
[92]
It closes here and it becomes a Doji the next day.
[95]
And it's for sure...
[97]
Many people, and experienced people know this very well,
[99]
that until there is no break for it's high and low,
[103]
obviously it would be a range-bound market.
[105]
Right?
[106]
So, it was a data point first.
[108]
I mean, you can ignore this candle.
[110]
You forget about it.
[111]
You forget it for a while.
[114]
Forget this here.
[116]
Okay!
[117]
If we can look at this, we will understand that until my price is within this band,
[121]
I will continue to feel range-bound,
[124]
I will feel it's a rang-bound market.
[125]
And whenever there's a breakout,
[127]
we can conclude that we'll find some movement.
[130]
So, this is the first point.
[131]
So, let's start from the beginning to see what happened in the market today.
[135]
If we can observe the market today...
[137]
When the market opens, there comes a huge fall.
[141]
It takes a support here, and this candle gives a breakout.
[144]
I should make an entry during this movement.
[147]
However, I'm not sure if the market goes in the direction or not.
[152]
I don't know if it gives a direction.
[156]
That's the reason why I have sold the options today.
[160]
Even if the market goes sideways,
[163]
I will make money.Okay!
[165]
So, It has given a breakout here.
[168]
I was supposed to take a trade in the higher direction.
[170]
So, instead of call, I have shorted the put option.
[172]
And what's that? The first one is the put option of 11400.
[174]
'It's 'Out of the money', and the next is like, 'At the money.'
[177]
I have shorted these two.
[179]
And they are before your eyes.
[181]
Market is exactly...and my stop-loss is below this level.
[185]
So, if we have a breakout below this, I'll just exit the trade
[188]
Okay! So, the market has not yet reached that now.
[192]
It was sideways for longer period of time.
[194]
I exited when it reached this breakout here.
[196]
This was my target.
[198]
I exited it.
[199]
So, this was the breakdown of my 2nd September trade.
[205]
It's Wednesday and its expiry is tomorrow.
[210]
And I will show you now that I have taken one more trade.
[214]
If you have noticed, I have taken one more BTST trade.
[217]
Look at here.
[218]
I have done a call buy.
[220]
It's a BTST. It's basically a gap up trade for tomorrow morning.
[222]
It's for a warning for tomorrow.
[223]
Anything can happen tomorrow. So, I will show you why we've taken this trade.
[227]
And this is a 15-minute chart of NIFTY.
[231]
So, if we can look at the overall market structure,
[233]
I will delete this now.
[235]
If we can see this...
[238]
Fail...
[240]
And then, it has not made a lower high.
[242]
It has given a breakout after some consolidation.
[246]
It has given a breakout.
[247]
I'm opening the index to show you the volume.
[250]
You can check the volumes in the end.
[253]
The volume it has given a breakout with.
[255]
It has given a breakout with a heavy volume.
[258]
It has also broken through VWAP.
[260]
Let's get back to this spot chart, if you want to see the volume.
[264]
To do options trading. Let's trade options.
[267]
The values of options are driven by this.
[270]
So, I prefer to check this once.
[272]
And if I check here, there's a nice trend line.
[275]
It has also broken through and the 200 moving average as well.
[278]
And nothing but a simple concept.
[280]
But, there's no surety.
[281]
I mean, it's not a five star trade where I can say there will be a gap up tomorrow.
[286]
I can't say that. Why?
[287]
You're seeing this line, right?
[289]
You can see a line in this area.
[291]
Look at this area.
[293]
Just one minute!
[295]
Exactly this is where the market is closed.
[298]
If it had broken, I would have said we were hitting a good target.
[303]
At least we're doing 30,40 or 50,000.
[306]
But, I can't say it now. Because, it's stopped exactly.
[309]
It has given a breakout. But, a trader has to take the trades
[311]
If they are on his system.
[313]
Exactly, I like those trades where I can get a multiple confirmation.
[316]
Like breakout, 200 EMA, VWAP, and the trend line of 200 EMA.
[320]
And there were your volumes as well.
[322]
And also...it's a good...
[324]
It's about to make an effort for a second time.
[327]
So, it was a good trade and I can take this.
[329]
So, I have taken the BTST trade for tomorrow morning.
[331]
And now my plan is very simple.
[333]
If gap down opens in the market,
[335]
If gap down opens in the market,
[337]
I'm going to exit.
[339]
Because the market might become so much bearish from here.
[342]
If we cannot break this resistance here today,
[345]
then somewhere the market will fall definitely tomorrow,
[347]
or at least be in the range.
[349]
I know it's not going up,
[350]
it it is unable to break.
[352]
I'm not interested even if they open flat.
[356]
It may bring losses around 5000, 20,000 or 30,000.
[359]
I can handle it.
[361]
But, I can't wait to invite more losses.
[363]
There's only one condition.
[364]
If this opens with a gap up, this is my target, guys!
[367]
A small target of 611.
[369]
If the market opens with a gap up somewhere,
[372]
If it opens with a big gap up...
[374]
But, I don't see any chances here.
[376]
So, I'm just exiting it.
[377]
But, I will wait, if it opens anywhere around here.
[379]
I will see if it will touch it.
[382]
So, this is my target, guys!
[383]
Let's see if we can take the target.
[385]
The concept is very simple.
[387]
I have done everything as per the price action basis.
[390]
There is no other reason to take this trade.
[392]
I have even shared it with you.
[394]
I have shared everything.
[395]
Okay? So, let's meet tomorrow morning.
[397]
And tomorrow is the expiry day.
[399]
Let's see tomorrow.
[400]
If feel the range-bound even tomorrow,
[403]
and if it won't come out of that two-day range,
[405]
then we'll go with the selling options.
[408]
And in case we get a clear direction,
[410]
then we'll go to buying options. Or we'll do both of them.
[412]
We'll see that tomorrow morning, okay!
[414]
Okay, guys! Good night!
[416]
I'll see you tomorrow.
[419]
Hello guys, good morning!
[420]
So, the NIFTY is opening with a gap up.
[422]
You can see, 31 points.
[424]
It's not a bigger gap up.
[426]
We'll have to see if the movement is towards the target or the stop-loss.
[430]
Let's see. We'll update you. Okay!
[432]
So, our position is looking like this.
[433]
You can see this.
[435]
It looks like this, okay!
[436]
Let's go!
[463]
Alright, guys! I have exited it at -11,000.
[467]
The reason was...
[469]
Because...
[470]
It's according to the method I use to analyze the INDIAVIX.
[472]
And the Bank NIFTY has broken its R1.
[475]
So, in order to save ourselves from more losses.
[478]
I've taken a timely decision.
[480]
It was a good decision to exit.
[481]
Look at this, it has also come into the negative red.
[484]
Because, today's expiry debt could be highly volatile.
[488]
Until it's not clear to me...
[490]
It's okay to accept the small losses.
[492]
It's very good!
[493]
If you're not sure, just exit it, and it's the right decision.
[496]
So, we have exited our first trade. It was not first trade.
[499]
The -11,000 of yesterday's BTST trade was completely okay.
[503]
We hoped more than fifty thousand yesterday.
[505]
So, it's completely okay. Okay?
[506]
Now, I will take one more trade on the expiry day.
[509]
And I will update you with that.
[510]
Okay, let's go!
[511]
We'll keep you updated. We'll keep you posted.
[517]
Alright guys, so as you can see, not here.
[520]
The Bank NIFTY futures has broken its VWAP.
[523]
As per the plan.
[525]
It has broken through that.
[527]
The Reliance is about to give a breakdown.
[529]
And the same with the NIFTY.
[531]
NIFTY is also unable to show it's strength at this zone.
[536]
Okay, and our P&L here shows like this.
[538]
It's come near zero.
[539]
Okay?
[540]
It's after accepting the loss of 11,000.
[543]
So, I will tell you what happened in this trade.
[547]
Then we'll talk about some work and close the video.
[558]
I should attach some learning for you.
[563]
I should not show you my P&L.
[566]
And...no...I want to show you some of my study on Reliance.
[570]
So, let's look at the study on Reliance quickly.
[572]
And why are we going through this study on Reliance?
[575]
Because, it's a heavy weight in NIFTY, and I trade in NIFTY.
[578]
See, the Reliance has also broken its VWAP.
[580]
It's leaving now.
[581]
I will just open the hourly time-frame.
[584]
I will show one thing, if you can look at this carefully.
[587]
This one is a very important zone where the Reliance was.
[592]
Look at this!
[593]
Sorry, it jumped a bit when I tried to smoothen it.
[596]
We can smoothen it like this.
[597]
If you can look at this,
[599]
Reliance could have never broken this zone.
[601]
Never....never....never
[604]
I could have never done this.
[606]
The gap up was unexpected, but was not able to sustain.
[607]
And it's returned.
[608]
So, this is the target for Reliance.
[610]
And now I can short the Reliance as well.
[612]
But, as I'm trading in one stock,
[614]
I don't want to ruin my concentration.
[617]
And this is one more reason.
[618]
If you see,
[620]
It is one more reason that Reliance has broken its VWAP at a crucial point.
[625]
I call it an area of interest.
[626]
In all these places,
[627]
Reliance and Bank NIFTY are the two important parts of NIFTY.
[631]
35% weightage will go to the Bank NIFTY.
[634]
And 10-15% for this one.
[636]
That's it!
[637]
So, that's why...the target we have...
[641]
So, alright guys! I have closed the trade.
[643]
I have closed the trade.
[645]
If I can show you...
[646]
The target which I've decided to place after this consolidation
[651]
would be of this moving average of 200.
[653]
Or we can say it would be this pivot point.
[655]
Okay, I will just remove this box so there would be less confusion.
[658]
So, guys! It consolidated for a long time.
[660]
And I held the trade the whole time.
[662]
I did not exit even when there was this great line.
[666]
Then, there was this pullback.
[668]
It was very tough to hold this trade up till this point.
[672]
But, I said...
[673]
I mean, I feel I let the whole profit come and go.
[676]
But, I said to my self I need to hold my winners.
[678]
I may exit with a NPNL.
[680]
Or I may exit with small losses.
[682]
But, when it is giving you a big profit, you should take it.
[685]
Guys, I held it the whole time, and I didn't leave it there.
[687]
But, when the candlestick touched this place,
[689]
then I exited it.
[691]
And hold no extra greed.
[693]
Don't think like, "It will break this pivot as well and go down
[696]
and I will make it when it moves up."
[698]
See, you can't overtrade and this is an important thing.
[701]
I wish every video of mine should teach you something.
[704]
So, why shouldn't we overtrade?
[706]
Why shouldn't we do that?
[707]
Thousands of people may say, "Bro, you're a stupid, dude!"
[710]
"See there, it's going up, just buy it!"
[713]
They say, "You're missing an opportunity."
[715]
Many people say I'm missing an opportunity. No brother!
[718]
It's never about the opportunity in the stock market.
[720]
It's never about the opportunity in the stock market.
[723]
It is always about the trader.
[724]
I mean, the market always gives you the opportunity.
[728]
This applies here. Is yours brain still active?
[730]
But, I'm totally drained.
[732]
I'm mentally exhausted.
[734]
Now should I...
[736]
Should I tell you how many good things you need to become a good trader?
[740]
Or to take a good trade?
[742]
I don't know how many are there.
[744]
I don't know how many good qualities do we need.
[745]
But, you know how many bad things are needed
[747]
to make you lose or ruin your account?
[751]
Tell me how many stupid things you have to do?
[753]
Even one stupid thing is enough to take back all your profits.
[757]
These are our profits for the day.
[761]
You've seen yesterday's figures as well. It was 50,000.
[763]
Now again we have booked 2.5 lakhs.
[765]
So, you have the account of Monday and Tuesday.
[768]
And you have account of Wednesday and Thursday before your eyes.
[770]
We have booked enough profits for this week.
[774]
This was an ultimate week for me.
[776]
It's an ultimate win rate and win size, and everything is huge.
[779]
Now I'm going to stop trading for sometime.
[781]
We have to take a break.
[782]
You have to take breaks.
[783]
Otherwise, you will not be able to be a good trader.
[786]
You'll have to take a break. So, I will take a break.
[788]
I will do other things.
[790]
I will also be traveling as I have some work related to shifting something.
[793]
So, but still I will create a video on the 'Futures and Options' for you
[796]
...if I get time.
[798]
Once we get 17,000 subscribers...
[800]
We've already got 62.
[802]
It's not a big target anymore.
[803]
I've given you the target of 10,000, and you've done that.
[806]
Thank you so much!
[809]
Once we hit 17,000 subscribers,
[810]
I will get a video on the "Futures and Options" for you. Okay?
[813]
And...in that video I will tell you how much caution you should take,
[816]
what risk management should be there for that.
[818]
I will talk about that. Thank you so much, guys!
[820]
Alright, guys! You have watched the video.
[822]
I hope you liked it, and understood the complete logic.
[825]
I hope you liked my concepts like, "Hold the winning trade, cut the losers fast."
[829]
So, thank you so much for watching all this.
[831]
Now, I'm going to answer few of your questions.
[833]
Many people are asking them in their comments.
[836]
They are asking on my Instagram as well.
[837]
They have many questions about books.
[839]
So, I will put the link to those books in the below description of this video.
[843]
Okay?
[844]
I will give a web page where you will find all those genuine books. Okay?
[847]
They are asking all these personal questions.
[849]
They're asking about my age. I will tell you.
[851]
I'm 30 years old.
[854]
And what is my capital?
[856]
They mean my startup capital.
[858]
I began with a capital of one lakh rupees.
[859]
And I had gains and losses in that one lakh rupees.
[862]
However, I have always traded with one lakh rupees when I was learning.
[865]
But, I have made so many mistakes.
[866]
And I'll tell you how to deal with it.
[868]
And the next question is...
[869]
'For how many years have you been trading?'
[871]
Yes, this is my third year.
[872]
I will have completed my 3 years of journey by this October,
[876]
in this field with a good performance.
[879]
OK!
[880]
The next question you guys asked...
[882]
'How to trade when you're a beginner?' I will tell you!
[885]
If you're a beginner, then you should trade on equity first.
[887]
By trading on equity, build a winning strategy,
[891]
a winning mindset,
[892]
get an edge on that. Okay?
[895]
You want to do it in the options? Okay, do it!
[897]
But, trade in the money options.
[898]
Never go beyond one lot. Stay with only one lot.
[900]
And why will you trade?
[902]
I'm telling you a very important thing here.
[904]
Why do you trade? Answer this within yourself.
[907]
Why do you trade after entering the market?
[909]
To earn money?
[910]
I've told you in my previous video that you can't earn this way.
[913]
You can't earn until there is no edge and a developed system.
[916]
I'm telling you this.
[917]
Just start trading to develop a system.
[920]
You need to find a pattern which can show you the place where you fail and pass.
[924]
So, you trade only one lot and that too, in the money options,
[927]
That will be of 8000, or maximum 10,000.
[930]
But, trade only one lot.
[931]
And maintain a daily journal for the next six months.
[935]
Journal means nothing special.
[936]
Let me show you a simple notebook to show you how much I write.
[939]
This huge journal of every month.
[941]
Can I show you how many pages I have written today?
[943]
I will tell you the date today.
[946]
Okay, look at this.
[948]
Today is 3rd September.
[949]
Look it's written here.
[950]
Everything was written here, the questions were written here.
[953]
Some stuff and the graph showing what might happen on every type of event.
[956]
So, I have written these many pages even after doing so much today.
[959]
You should also write many pages and maintain a journal.
[962]
You should trade only one lot over the period of 6 months as you're a beginner.
[966]
And you should work on it.
[968]
So, thank you! I hope I gave you answers to your questions.
[971]
And we'll come up with our next video.
[973]
I'm mostly busy with my work.
[975]
But, I put that aside and make these videos.
[977]
You're achieving the target which I give you regularly.
[979]
It was the target of 10,000 likes. Thank you so much!
[980]
We have crossed that only in one day.
[983]
Within one and a half days
[984]
By the way, I don't set huge target for myself.
[986]
Because, I know all of those targets will be achieved.
[989]
Once we reach 75,000 subscribers,
[991]
I will make a video on F&O for you.
[993]
In that video, I will tell everything about 'Futures and Options.'
[997]
Trade safe, and do it peacefully.
[999]
And...see you all in the next video, guys!
[1001]
Thank you, guys! Yes, we'll see, yes!
[1004]
If you're new, just subscribe to this channel.
[1006]
And like this video well, guys.
[1007]
So that I can know it's working well.
[1011]
And please comment your views, and share the video as well.
[1013]
Thank you so much, guys! Bye!