pankajvw

5 Apr - Bears get trapped!

Long
pankajvw Updated   
NSE:NIFTY   Nifty 50 Index
SGX Nifty is up by 168 points. It shows nature of things to come till 12th April!

Today critical time is 9:03, from where Nifty and BankNifty are supposed to be up!

But SGX Nifty already anticipate this.

Its unlikely that Nifty and BankNifty will open up so high directly, but a gap up is in store for sure.

Just go long at the opening.
Comment: Buy Nifty 10300 CE Apr series and BankNifty 12 Apr 24500CE at the opening and wait patiently.
Comment: Bought at 119 and 185 respectively.
Comment: Look....how nicely both #Nifty and #BankNifty are going up. Just set a stop-loss at day's low and relax. Wait for my next update.
Comment: 13:27 today is the next critical time. Will close long positions there.
Comment: Nifty 10300 CE Apr series and BankNifty 12 Apr 24500CE exited at 145 and 233 respectively. Had bought at 119 and 185.
Comment: Not shorting ....will wait till tomorrow to go long again.
Comment: BREAKOUT: Nifty and BN have given a breakouyt, we nned to buy those options again!
Comment: Bought at 140 and 233 with stop-loss at 130 and 220 resp. Will hold till tomorrow.
Comment: Great, Nifty and BN jumping up! Will carry forward for tomorrow.
Comment: After the fact is over a lot of people will share a lot of know-how, but what's the use? Value addition is when its shared before the fact and market actually follows it!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.