Nifty Bank IndexMis à jour A descending Triangle! Buy at the Breakout!
I have done it before!
Buy the nearest ATM Put/Call in the direction of the BO!!!
If it breaks to the upside, that means the market isn't worried about the current covid IND/China crisis!!!
If it breaks down, it's a signal that the market is worried!
Also, a down breakout in a few days would signal market will come down heavily! So, trade with caution!!!
For educational/experimental purposes only!!! Be careful!!!
Thanks!!!
Buy the nearest ATM Put/Call in the direction of the BO!!!
If it breaks to the upside, that means the market isn't worried about the current covid IND/China crisis!!!
If it breaks down, it's a signal that the market is worried!
Also, a down breakout in a few days would signal market will come down heavily! So, trade with caution!!!
For educational/experimental purposes only!!! Be careful!!!
Thanks!!!
Note
Buy 20400 CE at 320!!!Note
Exit! 20400 CE at what you're comfortable taking!Note
If you're a scalper! Exit! More serious trader should wait!Note
EXIT!Note
Trade closed with 1000 rupee profit per lot!Trade fermée manuellement
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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.