Lets discuss on the first idea.
You know what you need to know about options.
Lets do application.
You can take this trade too.
It is falling with out green candle.
It has AGM so it can not break the range. Even if it does it will come back
It fell because of auto sales data? No! That came good. So it is falling because intraday ORB happened and shorters came in.
But I am scared and don’t want to buy futures. I goto office.
I can not afford the heartache.
So I shorted 820 PE.
Its the lowest point of the range.
Shorted 820 PE at 13.45
If it closes below 820, my setup is invalid.
I will close it.
So putting a trigger in upstox
Now I sleep/