Saptagirinivasa

Nifty - 9:30 am, crossover 15 min candle close

NSE:NIFTY   Nifty 50 Index

Observe the trend of 9:30 am , 15 min candle close.
Crossover of trendlines at 9:30. Price action, trend may follow in next candles.
Comment:
9:30 candle closes at 9:45 am
Comment:
Booked 50 % CE
Comment:
Booked all longs. CEs. Expecting sideways.
Short Straddle time after 1000 ema and 200 ema crossoever on 1 min TF. Index spot

Note - Most of the times when 1000 EMA and 200 EMA has a crossover on 1 min TF, expecting index to be side ways, only during Market hours, intraday. There might be swings on both sides but eventually market wont go anywhere.
Trade closed manually:
Close short straddle around 2:25pm
Comment:
9:30 am candle close was bullish and has followed the trend as mentioned. This was due to crossover of trendlines. In between at 12 was a short straddle time. Straddle exit was at 2:25 pm as informed. Up Trend was again followed.

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