Electricbomber

Bloodbath on BankNifty ?

Short
NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Looks weak on Daily charts
Rejection from Higher Volume POCs
32800 = major support
Short Intraday Target = 32400 on expiry day (12th may)
Short STBT/ 2nd intraday target = 31660

INDIA VIX on 11th may closed below 20
third lowest in 2021
Despite Expiry day i'm Expecting Bloodbath instead of range bound
expecting 800 to 1000 points on expiry
Trade closed: target reached: First Intraday target reached before 12pm
Trade active: SHORT position CNC trade
Target = 31660