The red colour line is trending resistance and the green colour line is trending support mainly yesterday.
1. No PE if until the market remains above the red line.
2. Call Position above the green line.
3. If Nifty opens Gap up, wait it to touch the green line, check-up movement and enter into Call option.
4. If Gap up and break green line then avoid the trade. Do not enter in PUT because the market may be range-bound or may revert from 14688.
5. If Open flat and moves above and along the green line then enter in to Call option. But if break green line then exits from the call.
6. If open Gap down, and crosses the red line then buy PUT.
Exit all position if market cross any line after buying
1. No PE if until the market remains above the red line.
2. Call Position above the green line.
3. If Nifty opens Gap up, wait it to touch the green line, check-up movement and enter into Call option.
4. If Gap up and break green line then avoid the trade. Do not enter in PUT because the market may be range-bound or may revert from 14688.
5. If Open flat and moves above and along the green line then enter in to Call option. But if break green line then exits from the call.
6. If open Gap down, and crosses the red line then buy PUT.
Exit all position if market cross any line after buying