Your idea: The Clean-Execution Nifty Scalping Framework 1. The One-Direction Rule…

The Clean-Execution Nifty Scalping Framework 1. The One-Direction Rule (No Mixing Sides): Stop taking calls and puts in the same session. Pick your macro direction based on the first 15 minutes of the Nifty spot chart (Opening Range Breakout) and only take trades in that direction. If the market breaks that range later, wait for a confirmed structure shift—do not bounce back and forth between calls and puts. 2. ATM / ITM Strike Selection Only: Trade At-The-Money (ATM) or one strike In-The-Money (ITM) options exclusively. Avoid cheap OTM options where theta decay and sluggish delta movement hurt your fills. ATM/ITM contracts give you a higher delta (~0.50 to 0.65), meaning the premium responds immediately when the index moves. 3. The Entry Trigger (VWAP Pullback + 1-Min Momentum): Plot VWAP on your 1-minute option premium chart. Wait for price to pull back to VWAP during an established trend. Enter only when a strong expansion candle breaks the high or low of that pullback structure. 4. Hard Cap of 3 Trades Per Day: Yesterday’s P&L showed 10 executions that generated nearly ₹480 in statutory charges and brokerage. Cap yourself at a strict maximum of 2 to 3 trades per session. If your first couple of setups fail, log off. Overtrading is what turns a small directional error into a heavy fee-driven loss. 5. Risk-Reward Parameters: Stop-Loss: Fixed 6 to 8 points on the option premium. Exit instantly if it hits—do not wait or hope for a recovery. Target: 15 to 20 points, or trail your stop-loss using a fast moving average once you're safely in the green.