This is not a recommendation.
Trading in Futures & Options involves real money and high risk. Hence there is a need to do more study before you randomly take a decision.
Just like in a game of Chess, when you plan to make a move, you need to factor in opposition's game strategy.
Using the same principle, when trading in Futures & Options, we should be aware...
- Nifty traded in down trend channel since Feb 2021 till April 2021
- Currently Nifty is trading in Uptrend channel
Now that we have identified the trend, let us look and analyze Futures & Options data for 05 July 2021 and understand how each market participant viz
- the Retail traders,
- FIIs and
- Proprietary traders