Ashrith_ash

TRADE SETUP AND THINGS TO WAYCH ON APR 6

Long
NSE:NIFTY   Nifty 50 Index
Intraday setup for April 6th

▪︎ PCR RATIO - 1.22 Bullish Indication
▪︎ High put sell volumes (40500 PE Highest Oi)
▪︎ Long build up seen in 41000 CE/ Short build up seen in 41000 PE (High volumes)
▪︎ Try not to short the markets tomorrow as we are seeing three big events - RBI policy, US Data, Weekly Expiry
▪︎ Strategies to focus on
• Buying Call
• Hedged call buying
• Straddle (avoid strangels)
• broken wing butterfly

□ EDUCATIONAL PURPOSE ONLY!
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