Bank Nifty seems very weak compared to Nifty. Also, today, the sentiment seems bearish. So, going along the trend I'm expecting profit booking and a big fall. I've marked the trendlines and my positions on the chart. My SL is close above 47870-47880
Comment:
The trade is risky as it in contrary on a intraday basis
Trade active:
It might take multiple days to achieve the target so I might carry some positions overnight
Comment:
Back to green
Comment:
Updating SL to 47830
Comment:
I did something terrible instead of adding puts I added calls. Good thing I exited within 2-3 min. But had to take ~15% loss.I hope I can recover this
Trade closed: target reached:
Target 1 reached up 15% now. Overall it is more like 40% but yes
Comment:
I was expecting T2 to hit on Tuesday, however, due to theta I would have gotten less. But I've closed 90% of my trades now. Done for the day. Keeping a single lot of BNF
Comment:
Two hundred points up move in BNF in the last 5 min candle. I hope everyone has closed their positions. I still am carry forwarding single lot of BNF deep ITM puts.
Trade closed: target reached
