TradingView
iamajaysingh
May 2, 2020 5:31 PM

Bank Nifty Short Sell Short

Nifty Bank IndexNSE

Description

Bank Nifty
CMP 21500
Tgt 17000 Levels
OTM PE can be bought for good profits

Trade closed: target reached

Target reached as expected
Comments
darvindhanaraj
Sir, what do u think about this week expiry?? 18000?? Or 20500??
iamajaysingh
@darvindhanaraj, Please dont call me sir yaar . And bro i dont trade weekly options .
darvindhanaraj
@iamajaysingh, ok atleast u can share ur view na
iamajaysingh
@darvindhanaraj, I feel expiry will be between 19600 to 19400 looking at charts as of now
darvindhanaraj
@iamajaysingh, meaning no breakout or breakdown today??
t2gaurav
Just saw your previous months analysis - good job!!
iamajaysingh
@t2gaurav, Dhanyavaad
Mangola87
By when target will come to 17000PE?
Mangola87
@Mangola87, As calls OI are more at 22000 compared to puts OI at 21000 results in bullish situation.
iamajaysingh
@Mangola87, I expect some consolidation now for few days . Post that downward fall will resume and in 10 to 15 days we can see the targets if everything goes well.
More