Only for Option Buyers - BNK Few Words

Hello There,

I just wanted to share few more details about todays session.

Though it was bullish session and market worked between the Buy and selling zone, however I did not get any trade. Because I am still not Bullish. The Closing is important.
Once I will get closing candle above todays high I will start thinking of buying CE ( Uptrend will start) and then my Sell side will close and I am not going to buy PE until next downtrend.

Note- It could be very easy to say see marked moved upside from my buying zone but I will not say this because I do not trade as per this its just to check market movement on these zones.

What I learnt is Buying CE or PE at every setup or opportunity is not working for me. So I changed the phycology and only following the Trend and taking positions as per trends.

My Selling and Buy zone can be use for Option writing but to be very honest the day it will break the Zone at any side we may loose all the points which we earned by writing it.

On Monday, I think as of now its would be wait and watch for me.

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