nifty option buying 11th October

 Buying nifty option

Safe strategy for option buyer

nifty spot chart for 11th October

call option buying strike price 19800
put option strike price 19750


see the strike price chart below call option 19800 strike price chart

second  candle crossed high of first with good volume, buying came in 2nd candle with stop loss of 161


after that much volume was not seen, you can trail stop loss it reached till 211, you can exit at 190 to 200. it was not a big move, but less volume confirms its no trading day. 


also see put option chart


19750 strike price chart


there was no buying in put option. market traded in between top and bottom till end.


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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