There will 3 kind of scenario in the market .1. Gap up2. Gap down 3. normal .L ets discuss all three scenario in detail and set a trade plan accordingly . 1} Gap up :- If nifty opens above 14575 or 14650 . then we will look for buy on dip till market sustain above 14450 . 2 } gap down opening :- if nifty opens below 14450 .then we will look for Sell on rise till nifty sustain below 14550 . 3. normal opening :- in case nifty opens 14450 - 14550 . then we will see range bound market . and movement comes either in first 15 minute or in 2nd part of market . in such scenario mark the range and sell Ce option at high and sell Pe option on Low. Nifty define its Range in first 15 min or max in 30 minute . Mark the range , identify the market and set your trade with conviction and SL. wish you all Happy trading . Thanks for messages and support.
Trade closed: target reached
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... As per our discussion sell Ce from top ..now its time to hedge position with selling Put option in half of quantity.
Trade active
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Told you nifty will give momentum in both direction ... see bounce back ... more power ... Happy trading
Trade closed: target reached
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hope you all made good profit .Thanks for support and message . Happy trading
@rajnishk114wtil, do you want bank nifty level .if guys like will publish bank nifty set up as well . Let me now , thanks
Vijay_Chaudhari
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Thanks for the simplified analysis of nifty 50
ASHWINIKUMAR2101
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@vijay_rediff, thanks Vijay
JagdishKumarPahuja
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Should it be a thumb rule for all today or take as a rule .if we take one hr range High— Low would be an idealist. But I liked, I trade only one side always- just buy - No short sell. Pl confirm or modify .
ASHWINIKUMAR2101
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@JagdishKumarPahuja, It unto you ..generally on expiry market gives momentum on both side . 30 minute range will define the range and gives you idea about market trend .
and your trade setup gives you clarity on trade . like we are ready for all the scenario ... if it fits in setup I go for trade. and I really do naked trading ...always hedge my position . just sometime with equal quantity ,some time with half the quantity.
neerajlalwani081
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You Describe so well bro✌️. I have also the same view on Nifty