We have started giving so much unnecessary and undue importance to Option Chain, Open Interest, Straddle, Strangle, XYZ Indicators that we have forgotten the basic things of Chart.
Trendlines are what? According to me they are support n resistance in an angle.
Trendlines Support and Resistance are enough to earn consistently with much much less pain to brain.
All we need is atleast a year of practice and maintaining sheet and then real trade.
Small profits daily are enough at month end. Earn small earn consistent.
A simple system is more rewarding than complicated systems.
Keep your trading system simple and this is the reason our clients make daily profit using our bank nifty option tips as we trade less but trade accurately.
See how trend line break has been shown in the image and when you fully become sure that the trend line has broken i.e. when the retracement touches the trendline and again break the point from where it had started the uptrend i.e. point no 4 as indicated.