How to trade on Expiry day with Nifty straddle?
(System trading on Expiry)
Triple straddle is one of the best and accurate methods for expiry day
If nifty trading at 15720 then will sell three straddles above 50 points from ATM, below 50 points and ATM.
Ex.
Sell straddle 15700(ATM), 15650(ATM-50), 15750 (ATM+50)
Stoploss of 80% on every leg and run your trade till 3 PM
Once SL hit in any Leg just keep holding other leg till expiry with SL (Never or less chance to hit both SL on expiry day)
Trading timing at 9:20 the Morning