SUDAMA SET UP - EXPIRY DAY ONLY

Perameters to be
Sr. No.
Checked Actions
Sharp Movement on Only on Expiry day with Expectation of Sharp Movement in Either
1
Expiry Day Direction
2 Capital To Be Deployed Only 10% of Weekly Profit to be used to avoid Capital Loss/ Wipe Out.
Trend Watching Time -
Till 12:30 PM Observe MACD on hourly and 15 Min. to check the trend /
3 To check trend
direction. Best if both are alligned but day trend must be in 15 Min.TF
(Up/Down)
Observation Time Wave - 5 Minutes & Tide - 15 Minute & Ripplle-1
4
Frames after 12.30 PM Minute.

Look for the Bullish / Bearish Weapon & ideltify Weapon candle.
Identify Weapon for
5 TLBO/TLBD or any other chart pattern must. Check DOW Theory.
Entry
Candle Challenging BB

Check Ungli Setup - BBC, RSI Below 40/ Above 60, ADX above 15 -
6 Ungali Setup
(Amar Akbar Anthony) Ungali shape formation as well

Generally 11/-to 21/- Premium (Max. 30/-)

7 Option Premiums
Not to Trade above 30/- Premium
Special Attantion about Before Entry check Option Premiums - Doubled from Low of the Day -
8
Option Premiums (Means -Premium uptrend Starts)

Open Interest (OI) Ol to be checked on Put Side(TMG) - For Bearish and Call Side(TMG) -
9
Status For Bullish

10 H.V. Daily Time Frame - High and 15 Min. Time Frame - low are better.
Trade Entry (Generally
11 Enter the Trade with Buy PE (Bearish) / CE (Bullish) Next 1 or 2 OTM
12.30 PM onwards)
12 Trailling Stop Loss 5 EMA indicatior in 1 Min. Option Chart and observe.
Define the Entry & Stop Loss as per Weapon Candle
Stop Ioss addition as
13 Put Stop Loss in Option chart at Below of
per Entry
the Lowest of the Day
One Minute Candle
14 Monitor one minute time frame chart closely
Wave
15 Trade Exit Exit the Trade in 2.30 PM~03:00 PM

If Bullish Engulf comes on One Minute chart and Eat the Weapon candle, then
16 In Case of Stop Loss Hit
take the stop loss and exit the trade immediately with no hope of reversel