Top 51 Tips to do Option Buying in Nifty.
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1. Always remember Banks constitute a major portion of Nifty (~25%) so keep an eye on BankNifty also while trading in Nifty.

2. Reliance (11%) Infy (7.5%) TCS (5%)& HDFC (5.80 %) are other major contributors, have all info about them to get an idea about Nifty's next move.

3. Adanient will enter in Nifty50 from 30th Sep, so watch this one also very carefully. It has very high Beta.

4. While preparing for the next day in Nifty, look at the OI & PA data of these contributors & Nifty itself.

5. Nifty is comparatively less volatile than BNF, but that doesn't mean you can forget about risk management here.

6. Always set daily maximum loss limit beforehand, depending on your account size.

7. Have a loss limit per trade, around 1/3 or 1/4th of your daily loss limit.

8. The quantity you take in each trade will be decided After you decide the SL, not before.