Trade Set up

16 Ara 2020

As per set up spot has given buying opportunities. See it is already taking support at 30 min trendline but be cautious as an inside candle is formed in the first 30 mins. Hence go for a buying opportunity with small targets best is to sell puts whenever the market goes down today. that too otm . buy an atm calls for small targets. A small trader with limited capital do not trade. The market can go anywhere today.

16 Ara 2020

Not

See how every steep dip is bought. That's why I said that whenever the market goes down puts premium will increase drastically, hence short otm puts because the premium decay will also be drastic. Book profit at 1:2, 1:3. because the market is volatile with low volumes.