Amit_Ghosh

Axis Bank Bearish Butterfly

NSE:AXISBANK   AXIS BANK
There are two trades.

One which initiated at the PRZ and closed on 0.382 level. Second is initiated on today; with today's high as stop-loss with .618 level as the target. Axis is about to post profit today which is estimated to be amazing.

Currently closed the first trade with profit.
Riding the second trade but bought a hedge of Axisbank             520 November CE at 19.

*Perfecting my student's idea of
Comment: Closed the other sell trade and opened Axisbank 540 CE at 5.35 October along with November 520 CE buy trade hedging that. Expiry is near. Let's see.
Comment: Axisbank will fuck tomorrow :D
Comment: Target reached. Closed 540 CE sell at 0.55
@Amit_Ghosh Nice Chart . Second trade is for Nov FUT ?
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Amit_Ghosh sandeepmighty
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