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The_RedTicker
Jan 7, 2020 4:27 AM

Banknifty Zone trading 07-Jan-2020, a small example. 

Nifty Bank IndexNSE

Description

Its easier when you trade fut and not options with zones. Also its best when its a usual day with fewer global news.

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1:1 RISK/Reward in on chart right now.

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Nifty at zone low, if its unable to break through, will book whatever profit i get

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Trade closed: target reached

booking 50%

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nifty momentarily came down, but it doesnt closes below the zone in the next 3 mins, will book full

Trade closed: target reached

booked full

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Just look at what i missed! DAMN!!
Was not expecting that sudden fall
R/R of 1:5?? That's a good trade missed because of skepticism.

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entering short right now, is probably not a good idea. It may get stuck at Lzone
Just incase, anyone has a positional bullish view on markets, The_RedTicker says, NOW IS YOUR TIME TO THINK.

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entered nifty 12150 ce @ 25

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exited the ce with small profit (more like breakeven)
and then took 12000 pe and exited with a small profit. I am just enjoying this volatility
prnt.sc/qkawsv
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