Nifty Bank IndexUpdated Only for Option Buyer - BANKNIFTY Analysis and Trades 5/24/2022
Hello There,
Once again you can see how painful it could be for option buyers if trend is missing , that is why Option buying not preferable BUT if we have patience we can be profitable.
For me, Now the price has changed its previous action and I will not wait to price close above Fridays high. From tomorrow onwards I will not look for PE opportunities. I will only look for Long setups UNTIL it will me good downside candle on daily basis.
Regards,
Anonymous
Once again you can see how painful it could be for option buyers if trend is missing , that is why Option buying not preferable BUT if we have patience we can be profitable.
For me, Now the price has changed its previous action and I will not wait to price close above Fridays high. From tomorrow onwards I will not look for PE opportunities. I will only look for Long setups UNTIL it will me good downside candle on daily basis.
Regards,
Anonymous
Note
Hello Friends,I did not get any setup as of now to go long. (5/25 11 AM)
If market go higher from here I might miss the move, If market come down from here I might miss the move but its alright for me.
I will only trade when price may come down from here and than create good setup for long ONLY.
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Disclaimer
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.