S&P CNX NIFTY INDEX FUTURES
Updated

Nifty Intraday Levels | 9-DEC-2024

208
Nifty Options Scalping

1๏ธโƒฃ Zones to Watch:
๐Ÿ‘‰Green Zone: Institutional support
๐Ÿ‘‰Red Zone: Institutional resistance
๐Ÿ‘‰Gap: 100-200 points between zones
๐Ÿ‘‰Zone Creation: Based on pivot points and Fibonacci
๐Ÿ‘‰Chart: Use Nifty futures chart for reference

2๏ธโƒฃ Trade Execution:
๐Ÿ‘‰Order Flow: Triggers trades
๐Ÿ‘‰Timeframes: 1-min & 5-min for scalping
๐Ÿ‘‰Risk-Reward: 1:2 (Risk 1 to gain 2)
๐Ÿ‘‰Strike Price: ATM or slightly ITM options
๐Ÿ‘‰Position Sizing: Adjust to risk tolerance

3๏ธโƒฃ Rules:
๐Ÿ‘‰9:15 AM Sharp: Ready for market open
๐Ÿ‘‰Risk Management: Top priority
๐Ÿ‘‰Quick Trades: "Morning breakfast" scalps
๐Ÿ‘‰Stop-Loss: 10 points

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