NIFTY Option contract trading in weekly Expiry requires a perfact strategy, I make position to hedge my Long Trade in NIFTY heavyweight stocks. Please go through this blog to understand my Trade in NIFTY option contract in weekly Expiry
NIFTY Weekly EXpiry Trade # On 13 Feb when I am writing this Blog, NIFTY Closed around 23020 and I am very much confident that NIFTY will respect Level of 22800 to 22850 and immediate resistance is around 22300, Created Bearish to Consolidation Trade in NIFTY(Refer under given Image), against my Long positional Trades in NIFTY heavyweight Stocks and also carry forwarded my Long position from Previous week Trade, this week mainly I will try to manage my Trade, making profit would be very tough, (check under given screenshot for Carry forward position and Performance Sheet….
Option Trade Performance Sheet
For 2 Jan Expiry Trades details click this Link
For 9 Jan Expiry Trade details Click this Link
For 16 Jan Expiry Trade details Click this Link
For 23 Jan Expiry Trade details Click this Link
For 30 Jan Expiry Trade details Click this Link
NIFTY Chart as on Feb-13 2025 || NIFTY Option Contract Trade
Day-1 (14 Feb), Today Index closed around 22929 and as per expectation NIFTY given respect to the support Zone during Trading session and bounced back from there || On Closing basis I am having Loss of 8000 apx.
Day-2 (17 Feb), Today Index closed around 22960, again it respected Demand Zone Today || This Trade is safe until closing above 23150 || On Closing basis I am having Loss of 9067
Day-3 (18 Feb) # Today Index given almost flat closing and shown support at lower level, expecting bounce back in NIFTY from these Level || | On Closing basis I am having Loss of 4864
Day-4 (19 Feb) #Today Index shown Stength during the Session || | On Closing basis I am having Loss of 2921
Day-5 (20 Feb) # As per expected Line NIFTY given closing near support Line with huge consolidation || On Closing basis I am having Loss of 1518
