BANKNIFTY short setup Short

Nifty Bank IndexNSE

Description

⋅ Sep 16, 2018 1:33 PM

Every rise upto 27500 could be used to initiate fresh short position with a stop loss at 27640.

T1: 26555
T2: 26000

Comments

Lucifer759

⋅ Sep 17, 2018 5:06 AM

can we expect close to 26200 in next few day?

k314

⋅ Sep 17, 2018 7:40 AM

@Lucifer759, Looks like you are holding 26200 weekly expiry put options :P :D

Lucifer759

⋅ Sep 17, 2018 7:41 AM

@trex88, had 26500 put options exited at 55 today

k314

⋅ Sep 17, 2018 7:42 AM

Lucifer759

⋅ Sep 17, 2018 7:45 AM

@trex88, looking to sell banks again...can we do that?

k314

⋅ Sep 17, 2018 7:48 AM

@Lucifer759, Absolutely! Look for a proper level to go short where the risk is minimum.

Lucifer759

⋅ Sep 17, 2018 7:49 AM

@trex88, Ok Thanks :)

Lucifer759

⋅ Sep 17, 2018 8:24 AM

@Lucifer759, expecting levels close to 26100 where the 200 DMA is