BANKNIFTY

Important levels for BNF.

Below 42900. Consider as range break out.

43000 to 42900 strong support

If it breaks we can see
TRG - 1
TRG - 2

Disclaimer
Only for Educational Purpose

Комментарий:

I didn't take short entry. waiting for expiry

Комментарий:

If market have to move up. It has to break 43200.
If it breaks 42900 we can see TRG 1 and TRG 2

But i see a Half W pattern with bullish divergence.

IF market open between 43200 to 42900. I ll make straddle and sit

Комментарий:

Short 43000 CE @ 100 SL 50%

Комментарий:

Nifty is Holding 18000.

Комментарий:

Exited 43000 CE @ 45. not confident to hold the trade due to nifty.

Done for the week

Комментарий:

At least book half of your position. if it fall fine. if it reveres damage limitation. strong buying happened @ 18000 on DEC 29