In this kind of scenario, its really hard to manage in option selling positions π
Well banknifty made more damages than nifty. Had some losses todayπ willl see what it does on Monday.
The Rich Money Traderπ₯
I am bearish on banknifty till expiry.
Will be bearish till it doesn't closes above 44200 level.
It will get expired tomorrow and i will get that 22 points as well
The Rich Money Traderπ₯
Stock - Britannia making double top kind of formation. Try to find bearish signals on intraday untill that doesn't break the resistance of 4680 level. Coming days you can expect a Breakout.
Look Britannia today's graph for Intraday. AS I told you guys to look for selling opportunityπ
The Rich Money Traderπ₯
I am bearish on banknifty till expiry.
As I told, bearish till expiryππ―
Banknifty gap up but still I am bearish on it. Will not change my views till 44100 level.
Most probably we can see a sideways market but I am open to take the opportunity.
The Rich Money Traderπ₯
Most probably we can see a sideways market but I am open to take the opportunity.
This the market of volatility. With low vix this type of market very hard to trade. Premiums bauht kam price mein milte h.
The Rich Money Traderπ₯
This area we can expect reversals. If some reversal came then I will short some PEs as well
Reason yeh tha trade ka: gap fill hua aur rejection ke baad bhi bearish nature mein hi tha toh higher time frame mein I got chance to enter.
Banknifty 44150 k level ko cross kar k sustain kar gae toh bullish move acha aa sakta h..