nifty option buying 11th October
Buying nifty option
Safe strategy for option buyer
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.
Comments
Post a Comment