BANKNIFTY Risk/Reward Intraday play for 22 Dec,19

Dec 22, 2019

Like always, copy the levels and trade on 3 mins time frame.
If you haven't traded with the Zones yet, What are you waiting for??

Check Historical idea on 3 mins time frame.

Dont be a Bull. Dont be a Bear.Just be a Hare.

Dec 22, 2019

Note

Made a blunder in date, Its for Monday, 23 Dec,19 and not for sunday.

Dec 23, 2019

Trade active

Guys, its really not that difficult. Yes, I use a method for choosing the entries which also filters out the loosing trades for me.Depending on interest, will soon launch a course series for a relatively comfortable premium. Interested ppl can message plz.

Today's my trade was again 32600 weekly call @ 66 (around 09:19 Hrs IST). attached is my trade log from interactive brokers platform.

prnt.sc/qei7q7

Dec 23, 2019

Trade closed: target reached

Obvious targets was the Uzone, as i took reversal at LZone. When banknifty spot reached Uzone, 32600 ce candle closed at 85-86 levels with a top of 90-91. All in all, a very smooth trade.

Dec 23, 2019

Note

Check the red circle, in the chart below. That low (which also is day's low) is just 1 point from the level of zone. Just 1 point.
Traders who are viewing this for the first time, yes you can say its a even level 32200. But that sort of zone rejection (on an avg) happens atleast twice, every single day.