Bigbear2022

Bank Nifty options 25 Feb 2020

Short
NSE:BANKNIFTY   NIFTY BANK
As discussed Bank Nifty broke 30733 and then hell broke loose in last hour. I updated live on thursday to Buy 30800 PE which went up 250%. Positional Nifty puts also went up 200%. Overall , a day which belonged to positional players , typical of bear markets where positional players make lot of money unlike day traders.

Decision range
30495-30561
Support for the day
30358
Resistance for the day
30622

Expectations
Trend day , 30358 might be tested
My trade
I'll try to sell calls near resistance
Real time updates
Crude oil 3700 PE went from 48 to our target 132 today
30800 PE went from 165 to 450 today
Straddle also hit target
Rest I'll update whenever I get time

Whatsapp contact +46 700319761 ,telegram @bigbearhammer , public telegram link https://t.me/bigb2022

Comments

sir im buy pe 95 for 30100pe tmro hold or exit ?? u thats
share me sir
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Bigbear2022 rajaraniselva
@rajaraniselva, if opens lower , exit
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Bigbear2022 rajaraniselva
@rajaraniselva, I mean hold if put opens in positive , if put opens in negative sell
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Brought reliance call 1440@44
Shall I sell tomorrow pl. Guide
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Bigbear2022 barathod
@barathod, 1427 if holds , then carry till close , else sell
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i have taken 31000 CE at 63 , what should i do tomorrow, any chances of recovery?
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Bigbear2022 YourSugarDaddy
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YourSugarDaddy Bigbear2022
@Bigbear2022, Lol early exit it is then, do i take a put instead tomorrow morning?
Reply
Bigbear2022 YourSugarDaddy
@YourSugarDaddy, Tomorrow is trend day , if your call goes up in morning , hold till close , if goes down buy put , hold till close
Reply
YourSugarDaddy Bigbear2022
@Bigbear2022, How do you judge bank nifty on a daily basis, is it the indicators or your experience, i want to get better at bank nifty could you suggest me something?
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