Index trading with CA Nitin Murarka (SMC)

✳️ Today’s Trades Update: We traded 25700 Puts twice today. • First trade: Bought at 61, exited at 57 (loss of 4 points). • Second trade: Re-entered at 57, exited at 54 (loss of 3 points). Total loss: 7 points. We will now wait for clear momentum. Once a strong setup emerges, we will take a fresh trade.

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sideways - time value decay seen - momentum missing hence exited

✳️EARLY EXIT THE PUTS CMP 55-56 BUY @ 56-57

✳️ book bids @ 70-75 range for 50 and for remaining 50% keep @ 80-85 to book profits buy @ 56-57 moving cmp 62 in 25700 strike puts

CONTINUE with puts and avoid calls

REJECTION SEEN

BUY AGAIN 25700 puts 55-60 sl 40 target 90

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✳️EARLY EXIT THE PUTS AND WAIT CMP 57 BUY @ 61 hits 67 coming down we once

data remains weak

✅✅ BUY NIFTY 25700 PUTS @ 60-65 SL 45 TARGET 90

Refer the performance trackers premium telegram Channle with time stamp we share every day on the premium channel after market closing

most of the data are on the negative side, hnece avoid calls and focus should be on puts - wait for the suitable entry points in puts with negative data

we can see in intraday calls sellers becoming more active - hnece PCR below 1 and data negative

Data @ 10 am = weak data is seen We will focus on put and avoid calls based on negative data

OI concentration seen @ 25900 calls and puts = EQULAIIY distributed