Options chain और price action का अच्छा समन्वय

YOUR SPEAKER

Jyoti Budhia

Trainer: Ms Jyoti Budhia, a very well Known name in Options & Technical Analysis, having 3 Decade of Experience in the Stock Market, Trader and Trainer. She is Empanelled as Trainer with National Stock Exchange, Bombay Stock Exchange, National Institute of Securities Market(NISM) and many Reputed Institutions.

Jyoti Budhia in Face2Face

Mr. Vivek Bajaj

IN CONVERSATION WITH

Mr. Vivek Bajaj

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.


About this Face2Face:

In a continuation of our Face2Face video, we are back in conversation with Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, and Ms. Jyoti Budhia, an expert trader who will focus on strategies related to stocks and option chain trading, and the right kind of mindset that retail traders need, to make sustainable profits with minimal losses.

 

In this video, we will pick up where we left off, as Ms. Jyoti Budhia will pick up some practical examples to showcase price action trading when it comes to stocks and an options chain. Ms. Budhia will explain the type of timeframe she looks to trade in and the logic behind it.

 

We will see a case study where Ms. Jyoti Budhia discusses one of the trades she picked up from an equity derivatives option chain of NIFTY. We will see how Ms. Jyoti Budhia identifies a trade on a live option chain, and on that single screen of an option chain, Ms Budhia will break down the entire process to us.

 

Ms. Jyoti Budhia will look through the various options contracts available and show us the parameters on the basis of which she picks out proper trades, like option expiry, open interest, etc. We will see how she narrows down one single trade to act upon in a live options chain for both call and put options.

 

With proper calculations of actual figures, we will see the mindset through which Ms. Jyoti Budhia chooses the trade to act upon. We will observe her reasoning behind the identification of the correct support and resistance levels which can help retail traders narrow down the right kind of prices to minimize their losses. 

 

Finally, Ms. Jyoti Budhia will also touch on how she chooses the entry and exit points for her trade. Next, we see how her actions change as per the price action on the charts and how she strategizes to reduce her losses as much as possible rather than focus on the profits that she cannot control.

 

With this case, Ms. Jyoti Budhia will simplify the process of trading an option through an option chain for retail traders and the parameters we need to prioritize to simplify the process. Lastly, with the case study on the NIFTY option chain that Ms. Budhia explained previously, we will see how the charts of NIFTY justify her actions and give her trade a proper direction.