BankNifty TrendAlgo Sell Signal 21sep22

BankNifty Money TrendAlgo had given Sell signal below 40980.
So as per the Algo strategy..
Short BN Fut from 40980 till the reverse signal
or Long 41000PE from 380 same week expiry on 22nd sept
or long 40900 PE next week expiry at 570.
for the tgts 50-100%

Trade active:

BN fut 40980 to 40691.. 289 points gain till now
41000PE 380 to 414 time decay
40900PE next expiry 570 to 668.. 100 points gain

Comment:

BN 40413 from 40980 signal.. 500 points gain
BN 41000 PE 647 from 380.. 70% gain
40900 PE 828 from 570.. 45 %gain

Trade closed: target reached:

BN 39881 from 40980 signal.. 1100 points gain.. 1000+
40900 PE 1185 from 570.. 100 %gain