Hello Traders!
Full day strong trend identification can boost your profit up to 5 times or even 10 times in a single day. This may cover all your stop loss hunting and losses you made during the month or year.
Expert says, you just have to find the techniques and analysis strategies for full day strong trend identification with 15 min or 30 minutes candlestick chart pattern. And all your losses may be covered in just a single day and single trade.
But the question is how to identify the full day strong trend, so that we can stay whole day with proper confident to capture all rewards market is giving us.
Actually, stop loss and heavy losses make us weak to stay confident with our decision. Suppose, someone book losses for two regular days. And third day if market will give him profit then he will book only 20 to 30 points only.
Actually, this happened to all beginners and almost all successful trades have suffered with this market game. Market nature is so disappointed that you can't stay with your decision when a single candle cut your 2 hour profit.
Friends Stock market gives up to 10% profit in a single day if someone is doing equity or cash trading. But Option trading has the potential to multiply your capital up to 10 times in a single day.
Option trading also have the similar negative impact be careful about that. But if there is risk then there is similar or even better rewards.
So, if you will learn to identify the full day strong trend then option will give you awesome return. So, today I will try to help you for identify the trend strength with just single candlestick pattern.
Full Day Strong Trend Identification for 5X to 10X Profit Booking
Here I am attaching the Nifty 50 index chart and Put chart for your learning purpose. Let's check the full day strong chart. Not a single candle is breaking the last candle low.
Nifty 50 Index Chart
Nifty 19800 Put Chart
I think you have gone through this chart. Now check the full day strong trend identification process.
Full Day Strong Trend Identification Process
Normally market have some heavy volume hours when almost all traders buy or sell stocks. These trading peak times are 9:20AM to 10:30 AM, 1:00 PM to 2:30 PM and 2:50 to 3:15 PM.
Actually we are going to capture the full day trend so, we have to find the secret behind the 9:20 AM to 10:30 AM. So we will consider this time frame.
At 9:20 first 5 min candle forms check its nature bullish or bearish. After that check the 15 min candle's nature bearish or bullish.
Now check the option premium after 10:30 AM. Suppose market is bullish then call side premium is becoming stronger or not. If market is bullish then check the put side volume and option premium.
Let's take the example of upper chart here market is bearish and continuously making red candles. with strong volume.
Now it's time to initiate a put entry and apply proper stop loss. You have to adjust your stop loss timely for any negative movement.
Just keep trailing your stop loss and enjoy 5X to 10X return.
Points to keep in Mind For Identifying Strong Trend
- Market should be in 2 to 3 days consolidation phase.
- You may check the ADX strength, it should be higher then 70 points.
- Market major components should be in your favour like HDFC Bank and Reliance etc.
- Do not consider less then 15 min chart for your decision breaking.
- 30 Min or 1 Hour charts are perfect for full day strong trend identification.
- Always trade with proper stop loss.
- Always go with trend because it is our friend.
Disclaimer:
This article is for education purpose only, we are not SEBI registered stock advisor. You have to take advice from from some SEBI registered expert for investment or do your own research. Stock Market and Options all are subjected to heavy financial risk so do proper research before investment.
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