As discussed 30913 gave was resistance for bank nifty where it sold off to reach a low around 30650. Thereafter later in the day resistance broke and bank nifty closed near day high. Overall great day for those who follow levels and not news. I had also issued an advisory on social media platforms that 30852 is the last fort for shorts today and thereafter market went to make day high. Overall great day for everyone and everyone made money.
Decision Range 30846-30947 Support for the day 30729 Resistance for the day 31170
Expectation High to be made around 11 , last hour can see some volatility My trade I'll try to short calls near resistance Social Media updates I'll update whenever I get time
Budget day, hedge trade didn't worked then does it take out the credibility.
You check my post there, I am bullish since BN crosses 30300...more than 1000 points gain.
if you don't understand the things, avoid posting and questioning on credibility.
Let people judge it, it was a discussion between me and bigbear.
bigbear posts are most viewed post on tradingview.
I still respect him and will follow him, if I disagree I post, what's wrong.
HMuha
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@subhagghosh, i told you naa....i will tell you next when you will again mislead the wrong flow🤩Dont worry....
Bigbear is also not good so dnt think i am taking his side...
subhagghosh
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I have a lot of respect for you and I follow you on the telegram channel, but you are not able to catch the bull run for the last 3-4 days and always recommended shorts when there aren' t any. Today also I was riding on CE, but reversed my position based feed at 12:48 PM, Buy 31300 PE cmp 65, Target open stop 10-15 points. I was stopped out with SL but what hurt me was I missed the rally till 31465.
The only stuff, that has saved your's calls are your's SL' s.
BTW, I appreciate your' s contribution to the public forum, there are only few peoples, who really provide the true picture on the index.
satishmoogala
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@subhagghosh, it is irony that you have given long call according to your chart expiry special and made loss
subhagghosh
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@satishmoogala, I didn't made loss...I missed making a bigger profit.
Bigbear2022
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@subhagghosh, Its ok , market is not closing tomorrow , never take up trade like its last trade of life. We trade everyday , one day more or less isn't making any difference. Cheers , send me a whatsapp , I'll make up your lesser profit , have a great day guys
subhagghosh
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@Bigbear2022, Much appreciated you took me for wrong, I was not worried for lesser or more profit. What I want to highlight, people who follows you on the social platform get them confused when you post contra trades with the overall trend, which I have fallen pray off today.
Trading is today different from what the market is doing, you place a bet either with the trend or against, you might end up making money in either way.
But you gauged the market in the wrong way this week, which you have to accept ( I don't take away your' s credibility in making money, which I am nowhere to you). Just check your posts on social media for this week, you will understand.
BTW, I don't want to discuss this further, you are free to respond to this, but I will refrain from the reply.