NIFTY 50 Shorting strikes based on Vix

NSE:NIFTY   Nifty 50 Index
🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 18300 CE and Short 17900 PE

🛑 we can observe that market may be stays in between with the range of 18300-17900, only When there's no Volatility .

- if short both side / if we did short strangle
◽if breakout happens at 18220 then we can exit from short CE position and hold short PE until achieve the target of 18300
◽if breakdown happens at 18000 then we can exit from short PE position and hold the short CE until achieve the target of 17900

🛑 Rules to follow while initiating the trade
◽ Take an trade after 11 to 11:30 AM
-if market still in between our mentioned shorting strikes
- from 11:30 Am here afterwards volatility will starts to cool off (it will makes decreasing in volatility , whereas decreasing in volatility will decreases the premium in both CALL and PUT side ,which will help shorter's)

i hope that it will help a lot ,
do like and follow for more,
have nice day..


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.