Nifty Bank Index
Long

Bank Nifty Podcast 26 Aug 2024

28
Today, took only 1 trade on long side.

There were another trades which came on short side (PE), but the OI data was positive and 2 departments of OI also showed "Bullish" status, so avoided the trades.

Notes:
- In the podcast strategy, without data the position can be taken but with 50% risk
-- Risk option #1 - If you're maximum loss is 1000 for 2 lots, then go for 1 lot
-- Risk option #2 - If you're having only 1 lot and max loss is 1000, then either go with debit spread or credit spread.

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