The Kill Switch Trader ๐Ÿ‡ฎ๐Ÿ‡ณ
The Kill Switch Trader ๐Ÿ‡ฎ๐Ÿ‡ณ

@arifhasan18

7 Tweets 332 reads Aug 31, 2022
๐Ÿ’ฅ๐Ÿ’ฅ Banknifty Supertrend Retracement Strategy ๐Ÿ’ฅ๐Ÿ’ฅ
Strategy worth Rs 20k++
Yesterday
Banknifty 38800 CE
Went to
865+ from 265+ after touching Supertrend at 11.39 AM
Almost 600+ point return.
What is Supertrend Retracement Strategy??
Like & Retweet Please ๐Ÿ™๐Ÿ™
Here's a ๐Ÿงต
Banknifty Supertrend Retracement Strategy
Instrument Needed
๐Ÿ‘‰ Banknifty Future in 3 min Time Frame.
Indicators
๐Ÿ‘‰Vwap
๐Ÿ‘‰ Supertrend (10,2)
๐Ÿ‘‰ Volume ( Draw a horizontal line at
50k- Banknifty
125k- Nifty.
For CE or Call Buy
If Banknifty Future is Moving upwards with volume (more than 50k)
We Can Buy CE
Condition
Price>ST>VWAP
Now don't buy at a higher price.
Wait for the price to come near the ST.
Retracement should be with low volume
If Retracement happens with large volume
Ignore that Trade.
Means more than 50k volume.
Now,
If Retracement happens with less than 50 k volume
Open Option Strike chart also.
Place order
1 lot at ST
1 lot 10 points above ST
1 lot 20 Points above ST
Stop Loss
If a candle close below Supertrend
Exit ur Position.
For PE or Put Buy
If Banknifty Future is Moving downwards with volume (more than 50k)
We Can Buy PE
Condition
Price<ST<VWAP
Now don't buy at a lower price.
Wait for the price to come near the ST.
Retracement should be with low volume
If Retracement happens with large volume
Ignore that Trade.
Means more than 50k volume.
Now
If Retracement happens with less than 50 k volume
Open Option Strike chart also.
Place order
1 lot at ST
1 lot 10 points above ST
1 lot 20 Points above ST
Stop Loss
If a candle closes above Supertrend
Exit ur Position.
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To Get more updates About
๐Ÿ‘‰ Option Scalping
๐Ÿ‘‰2 Candle Theory
๐Ÿ‘‰Open High Strategy
๐Ÿ‘‰ Supertrend Retracement Strategy
๐Ÿ‘‰Oi Pulse Decoding

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