Nagarajan Options Trading Blueprint: A Rule-Based Workflow: 16 MCQs with answers

A · Wait for the option premium to break out through that level

The blueprint states explicitly that you must not enter merely because an entry value is displayed. The entry value is a level to break out through, and the D1 check still has to follow.

B · NIFTY chart in Zerodha on the 5-minute timeframe

Training starts at 9:15 AM on the NIFTY chart in Zerodha using the 5-minute timeframe, and the 9:15 AM candle's opening price drives strike selection.

A · The PUT side

The mapping is Bearish → focus on PUT and Bullish → focus on CALL. This is a focus instruction, not an entry signal.

C · Entry, Target 1 and Stop Loss

The blueprint says to record only the relevant Entry, Target 1 and Stop Loss for each side, and to ignore the intermediate percentage figures.

A · True

The trade is permitted only when the D1 Decision Helper outputs HOLD D1 Target and the Double Confirmation condition is PASS.

B · No trade, because Partial Book is not an entry confirmation

Only HOLD D1 Target together with Double Confirmation PASS permits a trade. Partial Book and Book Now are never fresh entry confirmations, regardless of the confirmation status.

B · As consolidation — do not force a full-target trade

Double Confirmation requires the two direction conditions to agree. When they disagree, the blueprint says to treat the setup as consolidation and not force a full-target trade.

A · Only if CALL produces the required breakout and passes all confirmation rules including D1

The blueprint forbids an automatic switch after a stop loss. The opposite side counts only if it produces the required breakout and passes every confirmation rule, including the D1 Decision Helper.

D · The breakout/entry value plus the breakout candle's OHLC

D1 is fed the breakout/entry value together with the OHLC of the candle that broke out. The previous day's OHLC belongs to Pivot Swing, not D1.

A · Because direction must also be confirmed and the entry level must actually break out before D1 decides

The analyser supplies levels, but the blueprint requires Pivot Swing agreement (Double Confirmation), an actual breakout, and a HOLD D1 Target output before any trade is considered.

A · Opening price → strike → OHLC → Option Analyser → Pivot Swing → Double Confirmation → Breakout → D1 → decision

The blueprint fixes the order: opening price, strike, OHLC, Option Analyser, Pivot Swing, Double Confirmation, breakout, D1, then the decision.

D · The breakout trigger was skipped, so D1 was never validly applied

Double Confirmation narrows direction but does not authorise entry. The breakout must occur first, and D1 is used only after the entry value has broken out.

C · Only III is correct

D1 must not be used before breakout, so I is false. Partial Book is never a fresh entry confirmation, so II is false. The no-automatic-switch rule makes III true.

A · It is a rule-based training workflow and does not guarantee profits or target achievement

The blueprint describes itself as educational, states it does not guarantee profits or target achievement, and notes that options trading carries substantial risk including loss of capital.

B · One check sets direction and the other sets the decision, so no single signal can trigger a trade

The blueprint's value is forced sequencing: direction, confirmation, breakout, decision. Requiring both checks means no single signal can trigger a trade on its own.

D · The CALL-side levels are computed from the wrong candle, so downstream checks are invalid

The blueprint requires CALL OHLC in the CALL fields and PUT OHLC in the PUT fields. Mixing them corrupts the Entry, Target 1 and Stop Loss levels that every later step depends on.