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Today Using 200± Straddles (Nifty) - 14/07/2025

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  • CrX Offline
    chandan kalyan-1751992748312C Offline
    CrX
    wrote on last edited by
    #1

    1a3fa1d3-00ce-4000-82d8-41ceeb7438f3-image.png
    1 - Today Using 200± Straddles (Nifty)

    2 - 25200 Straddle (P&F)
    24800 Straddle (P&F) .

    3 - Opening bearish But Price bounced at L4 and took a support from VWAP .(9.35 Am)

    4 - IN 24800 Straddle chart ,I thought the price was rejected in the morning at L4 and The clear view was that there was no FT . 24800 straddle chart its told price reverse & a DTB pattern active at VWAP above . so its a clear view for me that's what's going on above.

    5 - My choice was 25200 , that was in the morning.

    6 - 9.58 A.m , I saw that price is heading my way and the structure I need it was active .

    7 - So i Entered straddle price 228.5 (25200)

    8 - Price was following the same range for 1 hour, I doubt it

    9 - 11.29 Am SL hit

    2d3d71c5-ec4a-4aa8-b2e1-fbeb0b0be08d-image.png ( Paper Trade PNL )

    10 - after 15m I can understand where my mistake was. There was a fear running through me if the trade was a miss, And I didn't understand the market bias very well . So that reason i got my SL

    Let me know if I've done anything else wrong

    I am Beginner and that my today view - ( Day - 3 Straddle Trading )

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    1
  • SANTANU BEZ Offline
    SANTANU BEZ-1707666167730S Offline
    SANTANU BEZ

    Pro User

    wrote on last edited by
    #2

    Not sl meaning you're wrong. Structure is two poles where ur invitation of joystick & invalidate of view just keep on practice.

    1 Reply Last reply
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