Only for Option Buyer - BANKNIFTY Analysis and Trades 5/24/2022

24 mai 2022

Hello There,

Once again you can see how painful it could be for option buyers if trend is missing , that is why Option buying not preferable BUT if we have patience we can be profitable.

For me, Now the price has changed its previous action and I will not wait to price close above Fridays high. From tomorrow onwards I will not look for PE opportunities. I will only look for Long setups UNTIL it will me good downside candle on daily basis.




Regards,
Anonymous

25 mai 2022

Note

Hello Friends,

I did not get any setup as of now to go long. (5/25 11 AM)
If market go higher from here I might miss the move, If market come down from here I might miss the move but its alright for me.
I will only trade when price may come down from here and than create good setup for long ONLY.