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srikantsoni
Jun 4, 2018 6:08 PM

BankNifty (Low Risk, High profit) Long

Nifty Bank IndexNSE

Description

Levels mentioned on chart.
additional data as of today: 26000 Put has been reduction in open interest whereas as slight OTM calls has seen increase in OI. Future OI is also decreasing signaling short unwinding. Any gradual increase towards 26600 could trigger short covering and take Bank Nifty to 27000 levels.

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Trade active

maintained above 26200

Trade active

1st target achieved

Trade closed: target reached

2nd target reached, book profit
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