14/10/2021
Market Pre Report / Trade Setup , 14 October
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Nifty Closes at 18162 ( + 169 )
BankNifty Closes at 38635 ( + 114 )
India VIX Closes at 16.10 ( + 0.25 )
SGX Nifty Trading around 18265
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▶️ NIFTY DATA
weekly ATM Straddle at 114 points
( Previous Day ATM Straddle 156 points )
Next Week ATM Straddle at 293 points
( Previous Day ATM Straddle 304 points )
October Monthly ATM Straddle at around 424 Points ( Previous Day ATM Straddle 416 points )
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▶️ We donot trade directly in straddle
But We Continously Track ATM* Straddle Rates to know IV impact , Refer following video to know more :- https://youtu.be/QBv0XWvkgNo )
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▶️ Weekly Options Expiry 14 October - Trade with low debit only
▶️ Next Weekly Options Expiry 21 October - Safe Trader Preferably trade here to covers wider range
▶️ Monthly Options Expiry 28 October - Safe Trader can trade in monthly with patience
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CNT SPECIAL SETUP ( FOR NIFTY )
At Around VIX = 14 - 18
We will try to make trade covering Both Side Range of Around 150 points.
On an Average 70 - 80 % , At VIX 14 - 18 .. Movement will come within 150 Points
( But an outlier move of more than 150 points can come, then will adjust )
So , We will trade Covering trade with 100 points either side move , then allow Market to do what it wants to do.
70 - 80 % with right entry , no adjustment required.
Other case , we will adjust only on downmove.
And
Book Profit on Upmove.
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