Nifty - Expiry Day trading Ideas

NSE:NIFTY   Nifty 50 Index
🔰 Educational Purpose
Date- 26-08-2021

Too much volatile session, SL hunting day for retailers .
Market taken resistance at Higher level again.

🔰 Intraday View:-

♻️ Flat Opening
-Try to find Put buying opportunity near 16660-16680 if opens flat and climb further till level.
Strict SL of 30 points or any 15min closing above 16710 whichever suits you as per your trade.
-If comes down after opening then take trade as per price action (Try to take trade in second session for more confirmation) so we will get clear levels of market.

♻️ Gap Up-above 16660
-if it try to touch upper levels which is 16680-16690 after immedate opening then you can take risky trade of Put with Strict 16715 SL of next expiry.
-If immediate comes down then try to find buying opprtunity near 16635 with todays low SL 16615.
Tgt 16660 to 16680

-Put strict SL loss.
-Monthly and Weekly expiry day, take trades in next expiry only.
-Avoid gapdown scenario