The_RedTicker Updated   
NSE:BANKNIFTY   Nifty Bank Index
Like always, copy the levels and trade on 3 mins time frame.
If you haven't traded with the Zones yet, What are you waiting for??

Check Historical idea on 3 mins time frame.

Dont be a Bull. Dont be a Bear. Just be a Hare.
Trade active:
write 32200 pe, same zone method. just not buying ce and instead writing pe.
Trade closed: target reached:
although banknifty has crossed momentarily below the lzone. but the the pe has not shown any movement against us
Sorry that was a mistake. was selecting comment and choosed trade closed from the drop down menu. my trade is still one
my sl is 43
if current 5 mins candle close is below 32, trail sl to 33
Trade closed: target reached:
lets not risk now, book at 33/34 levels. or trail to 34.5 strictly. its good profit
What's happening today is exactly why i made a loss on 24 Dec. Spot was falling, i should have written calls but instead had bought puts. Yes, there is always something to learn from the markets but make sure to control your losses while you are learning from them.
relatively more movement on 32300 puts compared to spot. no covering as of now but maybe some one expects spot movement below 32200. keep an eye.
Like it was figured, 32300pe gave a smooth, nice and swift move. 45-75-ish in single candle. But I trade the fut for a change, was skeptical about options today.

Since interactive broker does not provide leverage, attached is my entry on zerodha.
P.s. its just a trial order (I am not much used to futures)
I track business news, not exactly with an intention to follow. So today morning each one of the analyst on a certain channel were bullish on TATACHEM (anyone who watches news might know). So I thought why not put the zones to test. And the results is right there. Check my profile for today's Tatachem idea published in the morning.The concept was pretty much same, so anyone who tracks my usual updates would have easily traded.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.