@mohitsharma-HyIkqW_5i - Moving averages are lagging indicators which makes them not ideal for scalping. I would recommend Vwap and any other momentum indicator like commodity channel index (CCI) or Stochastic along with volumes for confirmation
40800 CE has a theta value (decay) of 33 points. So unless it's a big gap up tomorrow this strike will move close to 0. Never carry a call option overnight.
@shivoyvidyarthi Paper trading is fine to an extent but it is not very helpful because unless real money is not involved we don't get to tackle the psychological part of trading that is greed and Fear. So trade with real money but small positions.
Ever since crude oil went below $0 in 2020 April it's not been the same. As in it neither follows fundamental nor technical properly. But hanging in there 😃