vivekz_142

VIEW

Short
vivekz_142 Updated   
NSE:BANKNIFTY   Nifty Bank Index
35134.65 is the level in spot . BNF may go down 300-400 points down today or till Monday. This is positional trade short 34900CE 15 july Or short future. Keep quantity 50%.
Comment:
don't panic till it goes above 35134.65, making price action
Comment:
entered the remaining 50% now after the price got rejected from the level. Keeping SL of 600 in 34900 15 Jul ce
Comment:
It was expected that the market will be range-bound after yesterdays trendy fall. No Sl and target hit will be taking quantity home . Let's what is in store for us on Monday. Will exit the trade only when SL or target is reached. See how it faces rejection whenever it tries to reach that level.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.