Bigbear2022
Long

Bank Nifty options 30 Jan 2020 Expiry trade

NSE:BANKNIFTY   NIFTY BANK
As discussed Bank Nifty gapped up hit resistance during mid day. It gave signs of a breakout but not confirmed by Nifty , because of which we had to book calls early midday around 31070. Thereafter mkt just hovered between resistance and support unabated. We tried a second trade in mid day where Bank Nifty tried to break into trend mode but our stop got triggered. As soon as bank nifty hit support of 30844 we went long again and managed 1.75x trade in 20 mins. Overall it was a day where nobody could lose money if he/ she didn't trust breakout/breakdown and got out early.

Decision range
30905-30961
Support for the day
30781
Resistance for the day
31029

Expectation
Initial range , sharp upmove in last hour
My trade
I'll try to short puts near support
Real time update
Social media platforms as always

Comments

Sir ,

Your direction and prediction are excellent as always .
Been following you and your strike rate of success is phenomenal
Thanks and regards
+2 Reply
Didnt understand.

Free Trade -From morning you are giving trade where continue SL triggering.like call 35 sl 27 and again buy at 18 sl below 30600 we have done for the means sl around 13

While you are claiming paid call are only...30700 buy at 43 booked some at 60 -65odd level?

How can we read it..
Reply
Sir,
Any Expiry Call For tomorrow......
Reply
Bigbear2022 KAILASHBORAJ
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As we saw despite such volatile session , calls were mostly up 30-40% for whole day and puts were down by 50-70% whole day , so even if anyone takes my direction blindly without levels , he'll end up in profit at close
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Please send me a PM if you are interested to know about my trading strategy and don't post questions about my trading strategy in comments
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subhagghosh Bigbear2022
@Bigbear2022, Pls connect with me, I also run a trading community forum.
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jasbir621965 subhagghosh
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