Bankniftyse traders 😊
I hope that you are doing well
🛑 Are seeking for which strike I have to sell then listen here for 1 min
🛑 Selling strikes purely based on India vix
🛑 Short strangle strike's for BANKNIFTY
◽ sell CALL
➡️ Sell 37400 CE with stop loss of 37350 (simply exist from position after breakout of 37350 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile)
◽Sell PUT
➡️ Sell 36600 PE with Stoploss of 36850 (or in other words : exist from PUT position if breakdown of 36850 which crucial support zone . I have discussed above it clearly u can visit mine profile and Checkout)
➡️ If sold both both strikes (in other words if do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level
( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels)
◽ If breakout happens at (37350)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 37800 (I clearly explained about it visit mine profile)
◽ If breakdown happens (at 36850 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 36550
🛑You can also short only side either CALL or PE and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑I will explain completely about how to select strike to short the market based on India vix volatility index
➡️ If you give 50 like and 50 reputation Then I will explain about it in next analysis 😊
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more have nice day 😊
I hope that you are doing well
🛑 Are seeking for which strike I have to sell then listen here for 1 min
🛑 Selling strikes purely based on India vix
🛑 Short strangle strike's for BANKNIFTY
◽ sell CALL
➡️ Sell 37400 CE with stop loss of 37350 (simply exist from position after breakout of 37350 with is crucial resistance level I have discussed above it you can checkout by visiting mine profile)
◽Sell PUT
➡️ Sell 36600 PE with Stoploss of 36850 (or in other words : exist from PUT position if breakdown of 36850 which crucial support zone . I have discussed above it clearly u can visit mine profile and Checkout)
➡️ If sold both both strikes (in other words if do short strangle)
Key important you must have to follow
◽ Exist from one position if breakdown/breakout happens and keep it another side for until reach the target level
( if want to know Target level set visit mine profile and watchout BANKNIFTY analysis for expirey day I have clearly mentioned Target levels)
◽ If breakout happens at (37350)exist from Position of CE or buy back CE or close CE selling position
Then keep short side PE to reach Target of 37800 (I clearly explained about it visit mine profile)
◽ If breakdown happens (at 36850 ) then exist from Position PE or buyback PE or Close Position PE
Then keep it selling CALL (CE) until reach Target level 36550
🛑You can also short only side either CALL or PE and follow respective Stoploss points
(Personally I will recommend Sell CALL or CE becaut fear market is higher )
🛑I will explain completely about how to select strike to short the market based on India vix volatility index
➡️ If you give 50 like and 50 reputation Then I will explain about it in next analysis 😊
🛑Any doubts regarding on this comment below I will definitely help you guy's
And if I'm wrong please let me know in comment section I will definitely correct my mistake
◽ Thanks for reading and do like it and follow for more have nice day 😊