Mafie

BANKNIFTY

Mafie Updated   
NSE:BANKNIFTY   Nifty Bank Index
Important levels for BNF.

Jan 4 Tried to break the range but failed
Jan 5 Tried to break the range but failed

Market have to find a direction.

Disclaimer
Only for Educational Purpose
Comment:
Straddle
42500 CE @ 361.95 SL30%
42500 PE @ 342.10 SL30%
Comment:
Exited 42500 PE.
Holding 42500 CE 1000 Rs SL per LOT
Comment:
Exited 42500 CE. Booked loss
Comment:
Short 42400 PE @ 345. SL 400. Lets see
Comment:
Selling Market is always fast.
From my view BNF is creating base to move upside.
From yesterday I am biased on Long side.
Indian vix is not above 18. No negative news in India.

As per market condition my view is in LONG side.

If SL hit. i ll take happily and will close for the day.
Comment:
SL Hit
Comment:
Done For The Day
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