19th October 2023 nifty option buying confirmation candle
NIFTY OPTION BUYING CANDLE WITH STRATEGY
see the chart below. its a 15 min candle stick chart. 2nd green arrow gave you break out. this confirmed that today, market will go call side.
but the break out candle was bit big, so wait for setup to form. you can buy on that candle too.
in the chart you can see, 2nd green arrow was buying amd the candle marked with red arrow is your exit, because huge momentum came, take benefit of that.
not see monthly chart of October, in that buying ATM strike price.
19600 NIFTY CALL OPTION STRIKE PRICE CHART
now in the chart you will see blue arrow, buying came at 10 o clock. it was 92. market gave momentum with big green candle. it was 129, take benefit of this and exit. approx 40 points.
market went till 140, but you exit at momentum, do trade again. this is called over trading, dont do this.
BUYING NIFTY OPTION WITH STRATEGY.
PLEASE NOTE, BEFORE READING AND SEEING THIS STRATEGY, MAKE SURE THIS IS JUST FOR EDUCATION PURPOSE. I AM NOT SEBI REGISTERED. IT’S NOT CALL OR PUT BUYING ADVISE.
I AM JUST SHARING MY VIEW. IF YOU LIKE IT. YOU CAN FOLLOW. PLEASE BACK TEST AND DO YOUR OWN RESEARCH, BEFORE ENTERING REAL TRADE. OPTION IS VERY RISKY, SO DON’T FOLLOW ANYONE, BLINDLY. DO FULL PRACTICE AND KEEP PROPER STOPLOSS AS PER YOUR RISK.
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