This is my first post here. I am still trying to understand the concept. Please help need from seniors.
My observation:
I can identify following:
Nifty at 8322
Nifty PE 8000 OI 5,453,275 COI 1,430,875 VOL 504,383
CE 8500 OI 3,405,625 COI 1,616,925 VOL 634,446
PE OI > CE OI bullish
PE COI < CE COI and V (CE) > V(PE) intraday bearish.
pair to short 8000/8500.
What i dont understand is how to set SL and PT.