dear vadiji
you asked - "is it advisable to trade on expiry days ?
day trading near expiry is a tough game due to unpredictable, sharp and sudden, often illogical moves.
but such wild movements are only within a band / range which is not difficult to guess from options data spread of nifty.
but if you are looking for swing/positional trading opportunities, these intraday fluctuations don't matter.
outer charts remain largely uneffected.
expiry volatility is just like air turbulence. if you are reasonably sure where the flight is headed don't worry about the time of the flight.
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