# Nifty 50 setup for September 16 trading

> Technical trader identifies a put option entry point with strict risk management rules.
- Title: Nifty 50 setup for September 16 trading · TradingView
- Summary: Technical trader identifies a put option entry point with strict risk management rules. Always use stop losses and defined targets when trading index options.
- Keywords: nifty 50, nse, put options, technical analysis, trading setup, risk management, chart patterns, entry exit strategy, business, finance, Nifty, setup
- Source: TradingView — https://tradingview.com/chart/NIFTY/MPxpANaU-NIFTY-50-16-SEP-START
- Published: 2026-09-16T03:10:06+00:00
- Read time: 1 min
- Topics: nifty 50, nse, put options, technical analysis, trading setup, risk management, chart patterns, entry exit strategy, business, finance
## Nifty 50 put option setup
Trader Scorpion_King identifies a put option entry at 23050 strike for the Nifty 50 index, valid if the index stays below 23060 levels.

> 23050 PE buy. If nifty 50 stays below 23060 levels.
## Entry and exit targets marked
The chart shows specific entry and exit targets for the trade, with clear profit-taking levels defined for traders to follow.
## Strict stop loss required
The trader emphasizes following strict stop loss levels to protect against downside risk and limit potential losses on the position.

> Follow strict SL and Target.
## Technical analysis foundation
The setup uses chart patterns and technical indicators to identify the trading opportunity on the Nifty 50 index.
## Not financial advice
TradingView disclaims that this analysis is not financial, investment, or trading advice. Traders should conduct their own research before acting.
## Key takeaway

Always use stop losses and defined targets when trading index options.