HERO to ZERO THURSDAY EXPIRY BANK NIFTY
Select strike price near ATM which is double from todays lowest (i.e 40 to 80 )
(ATM +- 100 CE/PE to make ITM )
Buy - 40000 PE
Time - 1.45 pm to 2.30 pm
At Price - 80
SL - 25%
Sell Price T1 - 160 50% quantity
Sell All T2 - 200
Note : This is for study purpose only not for trade. Please understand the Strategy for HERO to ZERO
Thursdayexpiry
BANK NIFTY 15 Dec 2022@ Thursday Expiry Special @
Buy 44900 PE - 90 strike price
Sell at 160 strike price (T1- 160, T2- 200, T3- 250, T4- 310 ) => 3x Strike Price
Note : Check this chart on 1 min candle with RSI for Support(20) and Resistance(70) for entry and exit.
This is only for study purpose not for trading !!!!
Nifty Daily Levels Update For Option Day Trading End Of Day Nifty Chart Analysis with Perfect Support and Resistance for Intraday Trading
Support Zones For Nifty Intraday Trading on Thursday Expiry
First Support Zone For Nifty – 17044 – 17060
Second Support Zone For Nifty – 16944 – 16960
Third Support Zone For Nifty – 16805 – 16815
Forth Support Zone For Nifty – 16732 – 16745
Resistance Zones For Nifty Intraday Trading on Thursday Expiry
First Resistance Zone For Nifty – 17165 – 17148
Second Resistance Zone For Nifty – 17230 – 17217
Third Resistance Zone For Nifty – 17293 – 17280
Fourth Resistance Zone For Nifty – 17380 – 17370
Going to end this month, Crazy expiry.Look at the chart and see where we are now and how we started this month. This month started with a positive note and kept moving up and up. It is a clear up trend. It took a nifty 14 days to reach 18350. Just five days to keep the nifty dragged down. We have multiple global news sources to follow the down move. But think about the option sellers who hold long positions, vix shoot up to 20+ all eyes on US fed meeting. let's see how it is going to end this month. It is very important that where nifty is going to open on Thursday, we have important levels to watch above 17350,17500,17550 below 17200 major level 17000,16800.
I have 17650 CE and 16550PE as well. I will keep book my profit already in 16100 PE and 18050CE, with 17950CE near 0.5%. My plan for Thursday is for the nifty to move up. I will keep 17650CE till the nifty crosses 17550-17500. Keep my PUT up. If it goes down, I will bring my CE down and adjust PE as needed. if there is a gap up or gap down opening above 17550 my limit, and below 16800 I will make adjustments accordingly. If things go well, I hope to exit with a profit.