BANKNIFTY IS ON GOOD SUPPORT
CAN SEE BOUNCE
CAN DO ONE FUTURE HEDGE BASKET:
BUY ONE LOT DEC 35800 PE
BUY ONE LOT BANKNIFTY DEC FUTURE 34510
MARGIN REQUIRED:53,000 APPROX AS PER ZERODHA BASKET
PROFIT AS PER YOUR WISH
MAX LOSS DEFINED 2900 APPROX
NOTE:FIRST BUY PE THEN FUTURE IN BASKET BUT TOGETHER
WE CAN JUST...
Please Read the Disclaimer below before taking any trade.
Volume Profile Driven Demand and Supply Analysis- ACC-Long
Entry @ 1145
Stop Loss @ 1134.85
Target @ 1165.3
Take care of your Risk Management, for example you are taking risk of say 200 INR, then your quantity of trade is calculated as risk(200)/difference of entry(1145) and Stop loss(1134.85).