FORMING BIG BULLISH INSIDE CANDLE :
SHORTING PE COULD GIVE OPPORTUNITY TO HOLD TILL IT BECOME ZERO AS TODAY EXPIRY
DONT SHORT IF PREMIUM IS BELOW 100 RISK TO REWARD WILL BE SMALL IF
IF IT IS AROUND 130-150 THEN TILL BE GOOD WITH 165 AS STOP LOSS WILL ABLE TO CAPTURE NEARLY 120 POINTS
REMEMBER ONLY TAKE ENTRY IF THE 30 MIN CANDLE NEW CANDLE BREACK THE 32660 LEVEL
short 13900 PE currently at 51 with 56 as stop loss and target of 10 - 15 points
In previous trade plan posted got 15 point so take a chance of SL of 5 points and target of 15 points
if new trade avoid as it may go sideways but looks good to me
I hope nifty crossing 13600 be a false break out Hope nifty open below 13600
hope it breaks the trend line and has the good shorting opportunity
I'll short 13600 CE with stop loss with 10 points as stop-loss ill update the level I enter for 1st half only ill hold is trend line break as tomorrow the option otm will get zero
in the second half maybe there...
ICICIBANK now it is in perfect trend trading tomorrow buy when 30 min macd gives buy signal . with target 1 488 . if market open with small gap up or nearly flat then take trade then only avoid if it open if opened big gap up and tomorrow thursday so please take equity only volitility will be high wait for indication . if look market looks bullish then best time...
I have given the bank nifty today morning before the market opens and I exactly mentioned to sell @ opening of market which exactly went my way .
Now here nifty has a down drift and oozing to sell with tight targets
Will post more updates on tomorrow’s forecast
Upper range 10100
Lower range 9800