Second day of expiry week …
Make sure that you are planning trades with big stop loss order and for small gain …do not see risk and reward …wide sl will protect your trade from premature exit and you will exit at gains for sure if you will plan your trade in the direction of trend so first spot trend then go for trade and then for gain .
indicators are supporting bulls and bears as well so 2nd day of expiry week will be extremely volatile and will get no direction so plan ur trades for small gains
Gap down of 15 20 points is expected so first of all pocket your profits on btst / stbt trades .
for NF book gains below 17 points for bnf below 55 points and for sbin icici below 0.5 % .
same for 8000 call book below 120 and put 8150 book gains above 36…either book gains or lock your gains by placing stop loss order at advised levels .
at expiry time do not stay in trade without stoploss order …u may plan wider stop loss order from 0.1 0.3 % according to your risk ..
best way will be exit at sl level and if trade will move in trade direction u may re enter in same trade ..
Trade in NF as per these levels
Buy at / above: 8171 Targets: 8188 – 8209 – 8231 – 8254
Stoploss : 8148
Sell at / below: 8148 Targets: 8126 – 8104 – 8081 – 8059
Stoploss : 8171
Do not wait or play for last / final target play only for target 1 .as each and every level is very strong support / resistance level / pivot point ..means if 1 will break then next may come if will not break then either stock may stay at that level or bounce back .
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Second day of expiry week ...
