Bigbear2022

Bank Nifty options 13 Jan 2020

Short
NSE:BANKNIFTY   NIFTY BANK
As discussed Bank Nifty sold off near our resistance and fell back deep into our decision range giving hefty gains to call shorts and put longs.

Decision Range
32113-32154
Resistance for the day
32309
Support for the day
31917

Expectation
Sharp Down move during mid day might come

My trade
I'll try to short calls near resistance



Whatsapp contact +46 700319761 ,telegram @bigbearhammer , public telegram link https://t.me/bigb2022

Comments

I have brought put of 31800 with premium 220. Now price running around 170. Will it go up?

Please confirm.
Reply
Bigbear2022 shreeservices
@shreeservices, 31800 is fine , but premium can be an issue if market doesn't come to 31800 soon enough , so keep that in mind
Reply
shreeservices Bigbear2022
@Bigbear2022, Market reversal not possible? So if not then its better to exit at 170..
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Bigbear2022 shreeservices
@shreeservices, well i'm giving levels daily , what's the rush to buy and hold positions overnight , daily you get enough food on table , why bother gap up gap downs
Reply
shreeservices Bigbear2022
@Bigbear2022, Earlier I have stopped visiting tradingview. Yesterday when I visited u r site I saw u r post & responded. Will follow ur massages now onwords.
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thejaelango2005 Bigbear2022
@Bigbear2022, from today l started following u
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Thanks, sir for providing your outstanding analysis. I have a question if we short call near resistance what should be the SL? Also, i generally sell 200 OTM Call/Put, is it the right approach?
Reply
Bigbear2022 InvestPro_India
@InvestPro_India, written about the system in a new post , you can go through it
Reply
InvestPro_India Bigbear2022
@Bigbear2022, Thanks
Reply
Seamless Analysis...Bang on. I feel confidant taking trades based on your Analysis
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