Index trading with CA Nitin Murarka (SMC)
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SEBI Registered Research Analyst, employed with SMC Global Securities Ltd.
SMC-RA-SEBI Registration No: INH100001849
NISM Registration No: NISM-201500034084


YouTube:- https://youtube.com/@nitinmurarkanifty
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DATA weak and negative
Keep bids @ 155 and 165 entry @ 141 cmp 146 for 23000 next week puts
23000 puts cmp 154-155 book 50%
next keep bids @ 165 and SL @ 120 we booked 50% entry @ 141 booked @ 154
170++ bids target met
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NIFTY 23000 PE (Next Week Expiry) – Excellent Move! 🎯
✅ 1st Entry: ₹135
✅ 2nd Entry: ₹141
📈 Put Premium Surged to ₹190++ after our entries!
🔥 A massive 49–55 points move from our entry levels!
🔴 Current data formation remains weak and negative, indicating a bearish bias.

✅ Trading Strategy:
1. Avoid CALL buying due to negative data formation.
2. Follow a Sell on Rise strategy.
3. Focus on PUT buying opportunities only.
4. Look for entries near VWAP for better risk-reward.
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