Setup for Nifty Trading

Requirements –
1.Super trend 10/2
2. vwap
3. CPR weekly / daily – previos day high -low
4. OBV with EMA ( 14)
Note – Above setup can be done on trading view free plan

Nifty bullish trade –

Check 15 min chart –

MASTER CONDTION FOR ENTRY - Price above vwap and super trend green

PUT SELL

• If it breaks above previous day high level/ daily cp level / weekly cp level … these levels should be point of
put sell
Note- not considering gap up opening , in that case watch at least 2 candles after opening

CALL BUY

• Check obv ema ( obv should be going above ema)

• If price gradually goes above with HH & HL buy option of 50 points above strike price
(ce)
Note – ( do not buy if price is between weekly CPR – TC & BC )

Getting out from trade –

From CE ( any of the following case ) From sold PE ( both condition )

- Super trend red - OBV below EMA (14 )

- price below vwap - Any prominent level breached
- obv near ema ex. Crossed below CPR daily , crossed below
- Day end PDH , crossed PDL

Nifty bearish trade –

Similarly for put buying and call selling imp things to check –
1. Price below vwap 3. Breaching prominent levels
2. Supertrend red 4. Obv below ema
HOW SCREEN LOOKS -