AarishNissar

Index Options Prospective

Long
NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
This is simple strategy where we buy at the low point of the market , then Accumulate and expect the Movement. Always look at daily pivot any thing that breaks S3 on Long side and holds on 15 min Chart, Go long book profits around S2 then wait for a dip below S3 or around S3 and then buy for Day 2. This is expected to execute in 2 day but market can get sideways hold tight.
This can be applied for PE option , With weekly option don't go for OTM options. The option prices are relatively cheaper with new SEBI rules.
Create position with a 40/60 Combination of Monthly and Weekly option.
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