9:15 Range with 0.09% Buffer

This strategy is based on the first 9:15 AM candle for Nifty, which is considered a key reference point (also called the "GAN level entry"). It defines a range around the high and low of the 9:15 candle with a 0.09% buffer on both sides.

The upper buffer level acts as a potential resistance.

The lower buffer level acts as a potential support.

When the price crosses above the upper buffer, it signals a possible entry for a Call option (CE) or a long position.
When the price crosses below the lower buffer, it signals a possible entry for a Put option (PE) or a short position.

This approach helps traders identify early breakout opportunities based on the opening candle range, aiming to capture momentum moves in either direction during the trading session.