agasthya_d

BANKNIFTY Shorting Strikes

Short
NSE:BANKNIFTY   NIFTY BANK
🛑 Shorting strikes purely based on india vix volatility index

- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 40500 CE and Short 39500 PE

🛑 we can observe that market may be stays in between within the above range

- if short both side / if we did short strangle
if breakout at 40200 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40500
if breakdown at 39800 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 39500


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