Banknifty view for 5th December 2023
The market is range-bound today. Since the market is in an uptrend, selling puts is one of the worst things that can be done.
I think I can go long and wait till BNF hits 47100 with SL being 46800. The trade is a bit risky, however.
I think I can go long and wait till BNF hits 47100 with SL being 46800. The trade is a bit risky, however.
Transaction en cours
I've made longs at 46900. By the time I posted, half the target had been reached. Will add more during retracement.Note
Trailing SL to 46915Note
47000 is a very good resistance. However, it was already taken out in the morning. Since we do not have any historical data to verify, I will trail SL to get at least some profit from the trades.Trade fermée manuellement
Booked half at 46980Trade fermée: cible de profit atteinte
Booked full at 47000Note
Buying momentum can be seen decreasing
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.