Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Nifty Hedged Futures – Apr 2021 – Short Term Overview

1 min read

Nifty Futures had made a sharp drop on Monday Morning (5th Apr 2021) almost touched 14500 levels however post that market had done a sharp rally from the lows and manage to trade above 14700+ levels. What happened on Monday is a liquidation failure which is an indication of poor selling in Nifty Futures.

Things brings the odds that sustaining of Nifty Futures sustaining above 14500 levels for this entire series. Usually such sort of liquidation failure during the start of the series and fail to continue in the same direction brings more bullish odds for this series.

Hence to capitalize on this move one can attempt trade in Nifty Futures with a suitable hedge every week (Hedged Futures). Preferably a put long as a hedge at Rs50 premium value to safeguard one from any potential downside risk.

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The overall Cost for this strategy is Rs200 as premium (50×4 weeks). Trade an Expectation is Expiry close above a bare minimum of 15000+ for the April series. Only a Price action below Monday low i.e below 14500 levels invalidate the strategy.

Expecting a bullish April series ahead!

Apr 1st Week Position Update. Added 14600PE as hedge weekly hedge as on 15.25p.m (Friday). Here is the updated hedged futures position.

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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