Nifty Option trading strategy when markets are bullish, in this strategy I will be teaching how to check if markets are still bullish then we will see how to trade Nifty option (call option in this case). First thing you need to check is trend just open your charting software and see nifty future daily chart. Now in that chart sense the direction if it is up then markets are in uptrend, in case of uptrend to enter any trade we wait for pullback to happen and this pullback gives trader a buying opportunity. In case of nifty option we select strike price which is out of money, so that we will enjoy nice premium once market turns in our favour. So whenever pullback happens there will be solid trading opportunity with low risk and high reward, entering the market with the help of slow stochastic indicator. When mechanical indicator gives crossover below 20 level (Oversold level), it should be taken as strong buy signal, our idea is if this signal is so strong then traders should buy nifty options so to get excellent returns by leveraging capital.
About Bhaveek PatelBhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.
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