Your idea: Step 1: Setup and Strike Price Selection Set up your trading platform…

Step 1: Setup and Strike Price Selection Set up your trading platform (such as TradingView, Dhan, or Angel One) with a multi-screen or split-screen view. After the market opens and settles past [02:50] 09:30 AM, check Nifty's opening price. Open the option charts for strikes that are 100 points In-The-Money (ITM) (both Call and Put options) on your screen. Step 2: Apply Indicators and Timeframe Set your chart timeframe strictly to 1 minute. Apply two Exponential Moving Averages (EMAs) to the option chart: 9 EMA and 15 EMA. Step 3: Identify the Trend and Filter Condition Wait for a clear crossover and alignment where the EMAs are expanding (e.g., the 9 EMA is cleanly above the 15 EMA for a bullish setup). Note: Avoid taking trades when the EMAs are sideways or tangled, as clean directional alignment increases the setup's accuracy significantly. Step 4: Entry and Stop-Loss Rules Look for a specific bullish trigger candle pattern formation that aligns with the EMA trend. Entry: Initiate your trade at the breakout of the trigger candle. Stop Loss: Place a very tight stop-loss right at the opposite end (high/low) of that specific trigger candle, keeping the risk small (typically 3 to 8 points). Step 5: Target and Exit Target a high risk-to-reward ratio ranging from 1:4 to 1:6, aiming to capture a quick 50 to 60-point move in the option premium.