This Breakout Level Will Decide Nifty's Next Move!
43sThe suspense around a critical breakout level (24688) and the potential for failure creates curiosity and engagement among traders.
▶ Play Clip"Title promises predictions but delivers a recap of trades and risk management tips; some value but padded with self-promotion."
This video provides a detailed analysis of Nifty and Sensex market movements, focusing on breakout levels, option trading strategies, and risk management. The presenter reviews successful trades, emphasizes the importance of stop losses and risk-reward ratios, and offers insights for future market direction.
The breakout level is approximately 24688. The presenter notes that after a breakout, if it fails, it will fail from that point. The concept remains the same, with slight price fluctuations expected.
At 11:20, the presenter informed that the put of 24,600 is on the radar. It was trading at ₹39 and later went above ₹150, nearly 3x, rewarding those who acted.
The number 972 was missed again, similar to previous instances (760-790). The presenter suggests improvement will come with understanding.
Two reference points for hedging: around the breakout level. A hedge of ₹20 or ₹30 could become ₹200+, and a ₹15 hedge could become ₹150, emphasizing execution.
A green candle appeared, but it's just the closing price and should be ignored. Reference should be taken from index futures, not spot.
Took a trade with call 24,600 and put 24,350 around ₹56, which went to ₹27 (2x). Both were running at ₹5, and if cost is ₹10-14, profit is made.
National Aluminium planned for ₹16, went to ₹40-44, a big move. Stock options can last 3-4 days and do the job well.
Power Grid level was 380 and went to 540 (80% move). OFSS entry at 316 went to ₹500, both very good moves.
BL entry not triggered (above 590). A and Bindo Pharma entry also not triggered yet, but may be triggered soon.
The market is at a breakout point (24593 futures). Futures closing near 24,552 indicates a trap. Below 24,600 on futures, we are bearish.
If spot drifts below 24580, it becomes a false breakout area. A small candle was engulfed by the next, indicating a potential reversal.
Trading with small stop losses (e.g., entry ₹68, SL ₹65, loss ₹3 = 5%) helps avoid big losses. Risk-reward of 1:6 ensures profitability.
Entry ₹50, SL at 24650.48, trade went 2x to 100+. Risk-reward of 1:25-30, showing the power of tight stops.
Entry at 39, SL at 38, trade went above 155. Risk-reward of 1:70 to 1:110, emphasizing the importance of risk-reward.
If SL is applied, it's good; if not, money becomes zero. Example: entry ₹100, SL ₹95, if wrong, you lose only ₹5, saving from drawdown.
At 24600, put option trade at ₹39, SL below. If wrong, exit at ₹3 loss, avoiding further decline to ₹37.
Call at 24600, entry ₹56, SL ₹54-53. If wrong, lose ₹3, but if right, price goes to 170, never touching entry again.
To succeed in option trading, understand intrinsic value, market movements, and how to analyze. Knowledge is key to removing losses.
When market takes, it takes small; when it gives, it gives big. Cover previous losses and gain 50-80% rewards.
The video emphasizes disciplined trading with strict stop losses and favorable risk-reward ratios. By focusing on risk management and understanding market levels, traders can achieve consistent profits and recover losses.
What was the breakout level mentioned for Nifty?
Approximately 24688.
00:28
What happened to the 24,600 put option after being flagged?
It went from ₹39 to above ₹150, nearly 3x.
01:11
What is the significance of the 24580 level?
If spot drifts below 24580, it becomes a false breakout area.
08:04
What is the 'cost of being wrong' concept?
If you set a tight stop loss, you only lose a small amount when wrong, saving from larger drawdowns.
13:30
What risk-reward ratio did the presenter achieve on the 24600 PE trade?
1:70 to 1:110.
11:28
Why is it important to understand intrinsic value in options?
To succeed in option trading and make informed decisions.
16:59
Put Option 24600 3x Move
Demonstrates the power of acting on timely information.
01:11Market Trap Identified
Shows how to read futures closing to spot traps.
07:07Small Stop Loss Strategy
Highlights the importance of risk management in trading.
08:59Cost of Being Wrong
Explains a key concept to avoid large losses.
12:20Market Cycles
Encourages patience and discipline in trading.
17:23[00:01] you guys did a great job again today. Analyze the markets. We will discuss what a wonderful thing you have done. Let's first listen to what I told you. As I told you guys friends that this breakout can happen here and after it happens, if it
[00:15] fails here then it will fail. Also, I told you that the concept will remain the same. and the concept will remain the same. The price may fluctuate slightly. So first listen to what I said and then I'll show you what you guys have done
[00:28] amazingly. The level is approximately 24688. This is a breakout level. So look, there This is a breakout level. So look, there 50 points left. Only after going to this breakout it will be decided whether this breakout is
[00:43] failing or not. Point number one. Ok? Point number two, as you guys heard clearly, this was our expectation and theory that if this breakout fails, it will happen from here after giving the breakout.
[00:56] Friends, if you will notice here, I had given you some information very quickly, well in time and what that information was that the put of 24,600 is on the radar, that is, it is in play. At 11:20 I had informed you that the
[01:11] PE of 24,600 is on the radar, meaning it is in play. Like I'll tell you. So here you will see that at that time it was running at ₹39 and after that it has gone above ₹150. Meaning, almost 3x was seen happening here and taking advantage of this,
[01:25] people with understanding did a very good job. A very commendable work has been done and you will get the proof of it here. A lot of people have done a great job at 24,600. So if you go to the description box to access Telegram,
[01:39] you will get access to Telegram from there. You guys should go and see how people are doing good work and this is free information. There is nothing very big in this. There is free information available in the public domain for you people as to
[01:51] how we can do things here. A lot of people worked here and did a great job. Many screenshots are visible here. very good thing. Right? Now look here, you have to understand one thing. Correct?
[02:04] What happens sometimes is that you have some difficulty in understanding things. Sometimes things are not clear. You might feel that yes brother, I am not able to understand this thing, so for that you will have to give some time to understand things.
[02:16] knowledgeable, you will gradually start understanding things. So this number which is visible here as 972, we have missed it again. This is the same number. These people miss every time. And this number is almost the same. Last time also 760-790
[02:31] people had done a lot of work on this information. Ok? So this number will start Meaning improvement will start coming here. Ok members channel, I had
[02:44] what I had told you in this was that look there will be two points from where we have to take reference. Ok? Which two points will remain? The first point is our breakout, if we have to take a trade then what will we do? Will pick up around this breakout. Ok? This was the
[02:59] position to make the hedge. Either we would have made a hedge from here or if the market was here earlier then we would have made a hedge from here. If we had taken a hedge of ₹20 or even a hedge of ₹30 here, then the hedge of ₹130 would have become 200 plus. Ok? And
[03:13] if we had taken the hedge of ₹15, then one hedge of ₹15 would have become ₹20 or ₹150. Ok? So even if we had played our hedge here, we could have got a very good move here. So the price point is the same. Ok? The reference point is the same. The only thing here is the execution,
[03:28] if you have executed it then you would have got a very good move. Right? Look here, you need to understand one more thing that the a green candle has appeared here and a green candle has appeared here. This
[03:41] is just the closing price and we have to ignore it and move on. What do we need to refer to ? We have to take reference from the future of the index. So you can see that there is no problem in index futures. Is it trading normally and where will the opening be ? That will be tomorrow's tomorrow. Ok? So this is
[03:54] not making much difference to us. We will soon learn to ignore this. Ok? So we have to say that yes brother the market has closed at 24614. But this is not going to make much difference. That will be something to watch.
[04:06] How will it evolve gradually? Ok? Here, in the end, we took a trade in which we had a call of ₹24,600 and a put of ₹24,350, okay? Played it around 56 which was our call, okay? He came straight away placing a high of ₹27.
[04:22] appeared to be 2X. And I had told you the same thing on the members channel also I had told you the same thing on the members channel also that what do you have to do around 3:25 20 minutes ? Whatever hatch is running near it, you have to see it. So
[04:36] these hatches were running at ₹-5, what were they? ₹24,600 and plus ₹24,350. It was both this C , this PE. Both of these were running at ₹5. If you have worked on this also, then we saw one trading at ₹27 right now. So if my cost is ₹10, ₹12
[04:52] , ₹14 and one thing is spent for ₹27 then my work is done here. Ok? Did you understand? Looks great working here. You guys have done a very good can the market do now? Where can I go? How
[05:04] so that we do not have to make the video again. That's why I am telling you about the information related to members in this because otherwise I will have to Look here, if we are talking about members then let me tell you one more thing. National
[05:19] Aluminum. Ok? National Aluminum is what I told you guys, right? You all must remember where he told this. Ok? This was because now look the expiry has ended. So it is our duty to understand everything again. Ok? We planned it here for ₹16.
[05:32] Where did this come from ₹16 ? ₹40 and the beauty of stock options is that your one stock option will last. It will take three-four days but whatever works will do the job well. So 16 to 40 44 It's not a small deal. It's a big deal. Ok? This
[05:48] advantage of this directly. I'm pretty sure about that. Also, I might have mentioned Power Grid yesterday also. The level was 380 and it has gone to 540. I think this is an 80% move. This
[06:02] is a very good move. Ok? National Aluminium, I told you. OFSS here, if you see, its entry point was 316 which has taken it up to ₹500. This is a very good move. Ok? Along with this, which counter is left for us
[06:16] ? Beale's. Ok? Our entry of BL is not triggered. That trigger will be above 590. You should ignore this for now because it would be better if we see something here. And I think there was another Pharma, A and Bindo
[06:28] Pharma, its entry has also not been triggered here yet. Ok? Because we already see it below. Yes, we will look into it. I think it might have been triggered. Please see what the reference point has told you. Ok? So please take a
[06:41] look at this. So whatever information we had given on our members channel, I am doing it here. Otherwise I will have to make a separate video. Ok ? So when we are watching, we see everything. What can Now Market do
[06:54] indication that the market can fall from here now? C, these big candles, I do n't actually like them. So what do those big candles often do ? There are some misleadings. But here a very important clue has
[07:07] come before us friends. And what is that clue? The clue is that the market is at this particular point which was a breakout point. Ok? What was the breakout point? I am telling you this 24593 after looking at the futures. Ok? I am
[07:20] telling the futures. We will adjust it on the spot also. So what was there? We are seeing the futures closing near 24,552. This means it was a trap. Ok? And now as long as we are below 24,600 on futures also,
[07:36] we are bearish. Below 24,600 we are bearish. Even if by chance it comes up a little, we will still plan downwards from here. You will be bullish if this particular level goes above it. Start trading above 24,600.
[07:49] Ok? So here if we look at the spot, if we go to the spot then it is showing the closing of 24600, 24614, so if we again see it drifting below this, if we mark the level here which is 24580,
[08:04] then the level of 24580 is the level, it is seen drifting below this, then we can plan further downwards because see this was a breakout level, right, so when we get closing at the breakout level below 24580, then
[08:18] it will become a false breakout area. Like, I will tell you a simple example of this on today's frame. So as we were feeling, everyone was feeling that brother, look, the breakout has come. Right? This is the situation. Make a small candle. what happened after that
[08:32] ? The next candle engulfed this candle. So this was an indication here that the market may go down. And this is where we took the putt. Right? So we come to know very quickly that yes brother, if the market is going to reverse. But
[08:45] for that, the level of 580 which is there now, needs to be breached and after that we will Ok? Friends, if you notice here, I have to show and tell you some things. So here as you will see, all of you people are
[08:59] struggling, struggling with loss or you people are very worried that brother, there is a FOMO. There is a fear of missing out. There is also a fear of getting into a trade. Fear of loss. What is the best thing to do to avoid that loss and that fear
[09:12] ? When you trade with a small stop loss, as you can see, this is one of my trades. Entry is ₹68. Stop loss is ₹65. How many points are there to lose? ₹3. Ok? So we work very sparingly. What does ₹3 mean
[09:24] ? 5%. Understand? That's why I am explaining all these things to you today. The week is over. Week means Nifty's expiry is over. So whatever wrap up I had to do, I did it here. So what is there here? We had a stop loss of 5%. 90 Ah 87
[09:39] it goes up to. Ok? You see, I have five points to lose. It has three points to lose and is going up to 87. Meaning I got 19 points here. So what will this risk reward be? The risk reward is 1:6. Understand that when you
[09:53] work with this risk reward, you can never remain in loss. The problem arises when our loss is big. Ok? But our reward is small. It happens. If you see here, I have been a little more frugal with my stop loss.
[10:06] My entry is ₹50. My stop loss in this trade is at ₹24650.48. In which what happens to the money friends? It becomes 2x. It goes 100 plus in that hit. Ok? 24650 goes 100 plus in that hit. Afterwards you know
[10:21] where it goes. Ok? So you will see here how much thought we will put into this? We got ₹2 in this, how much thought we will put into this? We got ₹2 in this, how much in it? Understand 50 60 70. So what is my risk reward in this? Then think 1:25 30 okay? It became 1:2530.
[10:37] Ok? After this, we became more stingy because we were making profits. Let's be more stingy. And this stop loss is not applied. Sometimes you might feel that these stops have been placed but these stop losses have not been placed. We went to 24600 PE. We made entry at 39.
[10:49] We went to 24600 PE. We made entry at 39. Stop loss of 38. Entry is at 39 and stop loss is at 38 and this trade is seen going above 155. Think 39 we took this trade when I told you 24600 was in play.
[11:04] we took this trade when I told you 24600 was in play. Ok? 24600 When I told you, please check it around 11 o'clock. Ok? When I have given you this information around 11 o'clock. Ok? When I have given you this information
[11:16] it was trading. So how much did it go for? 155 plus. Now look at my risk reward in this ? ₹1 is about to be lost. How much is there to gain ? 50 60 70 1 70 has a risk reward. Don't be too
[11:28] ? 50 60 70 1 70 has a risk reward. Don't be too much. Ok? 1.70 to 100 is a risk reward of 1. 110 is a risk reward of 102. Ok? Just think about it, all the [nasal sound], all the big loss making that happens is because
[11:42] we don't understand risk and reward. We will make the risk bigger. We will take some small reward. So first of all we have to focus on the risk that how much can I lose? I can only lose ₹1. I cannot give more than this to the market.
[11:54] So what should I pay attention to, if I am losing ₹1 then how much can I gain ? Ok? If you look at our normal target here, we have kept it at 65 last. Why? Because we are not looking at whether if we are giving ₹1 then we should just take ₹2
[12:07] or give ₹3. What we want is that if one of ours is there then it will not feel like that. If our entry is a great place. So we know that brother, the move will definitely come again. There is one more thing you need to understand here. The thing that people don't understand. Look, let me
[12:20] explain this thing to you very clearly. If you understand this then your criticized because brother, your SL has been applied, it is okay to criticize, we like it, there is no problem, criticize as much as you want, SL has been applied,
[12:33] SL has been applied, you have taken a loss, it is very good, it is better than getting zero, okay, those who do not take SL, those who do not take SL, their money becomes zero, so SL is applied, if someone's SL has been applied, sir, my SL has been applied, it is a very good thing, if SL has been applied then it is a
[12:46] very good thing, if it has not been applied then understand that the work is over, now understand here that assume that my entry is at ₹100. Ok? And my SL is 95 because we are misers. We don't go any further than that. Ok? 95 is my SL. I got my SL. I am out.
[13:01] Ok? What happened? I am out. The thing to think about here is thing to think about here is that if your SL is 95 then your SL will also be 80. Your SL of 70 will also be applicable. If you are wrong, then you should
[13:17] know in these five points that I am wrong. Ok? So you will be saved from this drawdown. Understand? So this is the cost of being wrong. So what does The Cost of Being Wrong mean? That if I am making a trade at ₹100. ₹95 is my SL. If
[13:30] it goes down and the price goes below this then I am wrong. I have already explained the concept of Master Candle to you on my members channel. You should go and see it. These are big losses or you do n't even realize that brother, I am wrong, no, I am wrong. All that will be
[13:43] resolved here. Everything will be resolved. Ok? You guys should go and see this. Those who haven't seen it, definitely watch it. So what is there here? The Cost of Being Wrong. So I am giving him ₹5 at cost and saying, come on brother, I am
[13:55] wrong. My thinking is wrong at this time, either the trade is wrong or the market is going down or sideways. So I am giving you ₹5. Take it to the market, there is no problem. Take it to the market, there is no problem. But when you are right then the market will
[14:07] not take even ₹1 of yours. So what will he do to you? I will keep giving it to you. So here you always have to think that if my SL is 90 then my SL will also be 80, my SL will also be 70, my SL will also be 50. Why will it happen? Because you are wrong.
[14:21] So if you are wrong and you do not accept it then it becomes zero. Did you understand ? So if you can understand this thing. I think only those who have seen Master Candle will see not seen others who may not have improved. So look here,
[14:35] I will explain it to you as an example. The video is getting a bit long but So here if we go to 24600 then we can go for the put option of 24,600 at 24,600, right here. So if you go here,
[14:51] he was here around 11:00 a few minutes ago, I think. Yeah 11:17 we made our trade here. Ok? Above ₹39. Ok? We can take it anywhere. We created this price here. We made our trade on this candle.
[15:06] We placed our stop loss below it. Ok? That brother, if we are wrong then we will leave right here and the price may go down further. Ok? Now think about this thing, let's assume that someone bought a put here. Ok? Let us assume that
[15:20] someone bought a put at this place which is ₹60. If he had kept his SL here which is ₹55. Ok? So he would have exited here. But if he does not exit here then till what extent will he have to look at the price ? Up to ₹37. So he will never be able to make this entry
[15:35] so he will not be able to take a new entry. So first he will have to cover this completely. Then he will get profit and that too when, if he is lucky. Ok? If you look at the same thing, let us assume that the market was at 24,600 and you were trading a call at 24,600.
[15:51] Ok? So let's assume that you are taking this trade at this place which is going on here. You are taking this trade at this place which is running at ₹56. put a stop loss on it as much as possible. How much does he
[16:04] keep? I would have put ₹54 or ₹53 SL in it. Ok? I know that if I am wrong then I will be wrong on these ₹3 only. I will be wrong at ₹3 only. I will be saved from seeing all this. Ok? I will avoid seeing all this. Right? And right there if I'm right. What
[16:17] if I am right? Then some such incidents will happen that I will buy it at 39 and then the price will never even touch 39. What won't he do? He won't even touch 39 back. Ok? And this went to 170. Oh my God. I was
[16:33] ? Even if it becomes zero later, we don't care. But it has gone up to 170. Are you thinking? And why has it gone so far? Because what Vicks was, it was low. I had also told you that when there is a move in low VIX, it happens in a similar manner. Ok
[16:47] ? Anyway, these things have become clear to you as to how to do things in a better way and if you want to make a career in option trading , if you want to do option trading only, then it is very important to understand some things like what is the intrinsic
[16:59] value, how far can the market go. How to look at things. How to understand things. Because until we understand that, we cannot conclude that all our stock options are doing well.
[17:11] Our option is also doing well. So you can remove it only when you have the right knowledge. If the market does not do anything, you will not be able to do anything. But when the market is doing it then at least something has to be done. Ok ? So these are the days when you cover your
[17:23] previous loss of 10-15% and on top of that you also gain rewards up to 50, 60, 70, 80%. So the market has to be seen in this way that when the market takes something from us, it takes something small and when it gives it to us, it gives us something very good. So
[17:39] tell us in the comment section how you used 24600. you used 24600. then subscribe to the channel. Try to share this channel so that people who are
[17:53] stuck in option trading can get it. Ok? They may do some good by trading in an unfair manner. So unless we help each other. Ok? Until then no one will help anyone. So as a community we have to be strong. Ok? I have given you this
[18:07] free information on Telegram and this has six expiries, you people have been doing very good work every day. Ok? So it has n't happened just once. Why is this happening? Because I want to help you. Ok? So
[18:20] But if you don't help us back. Ok ? Then how will things work? Right? So only when we help each other, the community grows. Those who will sit idle and
[18:32] neither help anyone nor take help from anyone, nothing is going to happen to them. So we have to become a better community and we will become a better community. If you keep a positive approach then things will be positive in your life as well as in our life and this is how it
[18:45] works friends. You give with one hand and you receive with the other. If you don't give, you won't get anything. Ok? So see you guys in the next video. Take care. All the guys in the next video. Take care. All the best.
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