Mark the first 15 min high & low of Nifty.
(Only trade on 15 min time frame)
If any the breakout comes in Nifty on the upper or lower side, then take positions when taking retest at levels on nifty options or future for targets of
T1: 30
T2:45
Sl: 30 points in nifty futures and 10 points in Options
Make your own rules for it and backtest it.
Trade only if you...
If Banknifty opened the gap up and after that going down, then check on 15 min timeframe that if it breaks yesterday highs, then you can short here.
Risk reward should be 1:1 or 1:2
(Check previous days' data and do your own analysis and make some of your own rules.)
ONLY FOR INFORMATION AND EDUCATIONAL PURPOSE
