NIFTY TRADE SETUP FOR TUESDAY

some people ask me how do we know that it's going to break the support or resisitance .
frankly told you no one in this world knows. we all do work on probability.
technicals give you a view of the mass psychology.
best way is whenever the market approach your resistance or support sell the nearest call and put .and hedge the position to buy call or put .
in this way your profit will be less but you will never lose the money.
now tomorrow there is a chance market will be trading in a range .
options call and put writing is on 11400 - 11200 .
try to make different set up for the different market.
you should have minimum two setups.
1 for a trending market
2. for range-bound market

you can discuss with me any time.
please Like and share.

Thanks

Comment:

as expected premium eating day . sold 10350 call and 11000 pe . first sell 1100 pe when market is around 11190 with 11170 Sl and then sold 11350 Ce when market is around 11260 with Sl around 11280.
happy treding .