Nifty Options Trading Strategy on F&O Expiry day, 90% Accuracy

Nifty option trading on the day of F&O expiry can be very risky, here is a trading strategy to reduce risk and trade can be as accurate as 90%. Remember on the day of F&O expiry volatility as well as trading volume remains very high, now in case of volatile markets you just need to remember support resistance rules. When nifty future is trading at support zone as seen on intraday chart, you need to buy in the money nifty call option for a gain of at least 20%. Exit strategy will be executed when support breaks or target is met. Horizontal trend lines can help you easily locate support resistance on intraday charts, now just wait and watch the play of volatility. I have back tested this strategy, with doing 50 paper trades on F&O expiry on last one year data; I found that my accuracy was about 90%.
Related Article:
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