As discussed Bank Nifty broke 30733 and then hell broke loose in last hour. I updated live on thursday to Buy 30800 PE which went up 250%. Positional Nifty puts also went up 200%. Overall , a day which belonged to positional players , typical of bear markets where positional players make lot of money unlike day traders.
Decision range 30495-30561 Support for the day 30358 Resistance for the day 30622
Expectations Trend day , 30358 might be tested My trade I'll try to sell calls near resistance Real time updates Crude oil 3700 PE went from 48 to our target 132 today 30800 PE went from 165 to 450 today Straddle also hit target Rest I'll update whenever I get time
@Bigbear2022, Lol early exit it is then, do i take a put instead tomorrow morning?
Bigbear2022
⋅
@YourSugarDaddy, Tomorrow is trend day , if your call goes up in morning , hold till close , if goes down buy put , hold till close
YourSugarDaddy
⋅
@Bigbear2022, How do you judge bank nifty on a daily basis, is it the indicators or your experience, i want to get better at bank nifty could you suggest me something?
share me sir