The_RedTicker

BANKNIFTY INTRADAY for 13 Jan,20

The_RedTicker Updated   
NSE:BANKNIFTY   Nifty Bank Index
Zones are mentioned on chart.

Newbie's takeaway:
India Vix is good, markets are giving good moves. Weekly expirys, Short coverings, Full mood Long buildups, bull traps or bear traps at just the opening are all aligning so perfectly. If one has been in the markets for say past 3-4 years and still isnt able to make money in this kind of market, well sir/ma'am, there is something particularly wrong about your understanding of even the basics of the technicals of the markets. And I believe there's nothing wrong with that, just start with kindergarten again, read books, a lot of books! (not on technical indicators, but on technicals of markets, cycles or phases of markets, the psychology behind a spinning top or behind one day's gap up opening followed by next day's gap down opening).

Long story short, You and I are rivals (that's how it is practically, right?). So, if you dont understand the game we are playing, how can you even think of a way or a method to beat me at it??

my "ONEPIECE IS REAL!!" wala speech :p
Comment:
As explained in the nifty idea for today, I went long on banknifty right around the open
prnt.sc/qmtzbi


Then since nifty was giving perfect reaction at zone but looked a little strong. Since banknifty was relatively less strong, I took a short too with the smallest possible quantity (just so i could trade, was not looking for profits there)
prnt.sc/qmu73l

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