Educational Purpose only!
On daily time frame yesterday nifty opened big gap up and formed inverted hammer. To digest that big momentum it has to go sideways so this is good oppourtunity for option traders, simply sell a infy 960 CE and wait for some days you will get theta value.
Entry At level 1 -30000 - 25% of Capital from allocated money to Banknifty
Entry At level 2- 29800 - +25% of Capital from allocated money
Entry At level 3- +25% of capital
Case 1: If from the first support the trade goes in favor I trail my stop loss to the break even point and no more addition to my positions.
Thanks for watiching
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