this is in continuation with the earlier idea
BNF today was difficult but eventually completed the target of testing 50 DMA
two possibilities now from here
- reverses from 50 DMA
- tries to test the unfilled GAP nearby
I would be taking OTM options of 33900 PE as expect a GAP down, in whichever case if it reverses or if it falls will exit the overnight positions by 9:17 AM tommorow
Happy Trading
MSK
Trade closed: target reached:
What a move - in spite of global market doing well BNF still managed to come to unfilled GAP - awesome
