I found an opportunity on Nifty 50, as the market is consolidating from a few trading sessions.
Type of position:-
1. Buy Call Option
2. Write Put Option (Sell Put option)
3. Buy Nifty 50 Future
Stop loss:- 8125
Terms used on the charts are my own
a. Fakers:- It means institutional traders are driving the market ahead to its usual point to manipulate traders mindset, They generally know where traders keep their stop loss & once they hit that spot traders will lose money.
b. Money Spot:- It is the spot where you can make money, where the probability of success is high.