- Intraday Trading implies when you take position in a stock or index only for a intraday with a defined Target & stoploss. Today(day of monthly expiry) market opened gapdown due to global pressure first of all I booked my profit in NIFTY short Trade (check this link) and created Long Trade in NIFTY with 1:3 risk reward ratio, after spending long time in market I realised one thing that Gap up or Gap down on expiry day do not sustain (Option writers usually come to save their position) no doubt we need technical support also on charts, In this Trade I am taking 1% risk of my Capital
Credit Spread Details :-
NIFTY Intraday Chart :-
