Nifty Bank IndexLong
Trade Log BANKNIFTY Intraday
Mis à jour
Date : March 24, 2020 8:30 AM
Asian markets up and SGX nifty up. There is no major news, so this could be a more technical pullback.
Action : If it gaps up, sell 1 lot and cover on the gap fill. And then the idea would be to again buy gap fill and wait for profitable exit.
If there is no gap, then wait for the index to establish the range.
Look for any good stock on the long side.
Due to extreme volatility, only trade 1 or 2 lots. There can be no trade as well.
Asian markets up and SGX nifty up. There is no major news, so this could be a more technical pullback.
Action : If it gaps up, sell 1 lot and cover on the gap fill. And then the idea would be to again buy gap fill and wait for profitable exit.
If there is no gap, then wait for the index to establish the range.
Look for any good stock on the long side.
Due to extreme volatility, only trade 1 or 2 lots. There can be no trade as well.
Transaction en cours
Gap was sold very fast and it was not tradeable. Then touch of gap fill is traded with Bank Nifty. And profit was booked at the first opportunity. Bank Nifty was a weaker index of both and it actually fell much more than just gap fill.Trade fermée: cible de profit atteinte
The index fell much more than anticipated, hence trade was closed quickly once it was back in profit.
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