Rounding Top pattern observed in Nifty Bank. Neck level is at 30200, which if the index breaks decisively, can be considered for Short selling. Target of the pattern comes at 28620.
We could also find that 61.8% Fibonacci retracement level of the previous swing falls at around 28600 coinciding with the pattern target. Hence if the index falls, 28600 region would...
Hello ALL ,
No naked buy/sell of put/call
Following is strategy to be executed after 3 pm , Dont execute it right now
Buy 24200 Mar expiry 1lot
Sell 24200 22nd Mar expiry (i.e tomorrow) 1 lot
Bank nifty appears side ways to down. Let it settle till 3 pm
Will update this at 3pm , If Banknifty goes 24400 by 3pm than we will go for 24300 call...
Hello All ,
buy 25800 22 feb expiry call @ 445
sell 25600 8 feb expiry @ 230
no naked buy /sell put /call
1)banknifty tomorrow expire at 25600 we will gain 230 points on 8 feb option and loose 100 point on 22 feb option , net profit 130 point
2) banknifty expire at 25800 we will gain 30 point on 8 feb option and 20...