Mafie

BANKNIFTY

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

Buyers are advancing. lets see.

Disclaimer
Only for Educational Purpose
Comment:
Shorted 43000 @ 80. with 50% SL. taking risk, because I see a clear rejection and follow thr candle
Comment:
Holding 43000 PE @ 67.50.

Whenever u see a CLEAR Trade Opportunity with 100% confidence. Define your risk and enter the trade...

Tomorrow again expecting a GAP UP. Anything below 43300 will close my position.
Comment:
Nifty is killing the buyer confidence
Comment:
Holding 43000 PE @ 50.
Anything below 9.15 candle will close all my long traders.
Comment:
will re-enter @ day high
Comment:
Straddle
43300 CE @ 231 - 30% SL
43300 PE @ 180 - 30% SL
Comment:
Closed PE leg.

SL 1000rs per lot.
Comment:
For me its a pull back. Not a reversal.
43300 will act as resistance

Long only above 43500
Comment:
Tip for the day.

If 9.15 candle is green and 9.30 candle break its low. we can see a selling. Because buyers are trapped.

For example - watch DEC 21. chart.

small small things make money in market
Comment:
Closed my 43300 @ 125.
Profit what I expected in PE.
I got in CE. Because I closed my PE position as C2C.

Market will give enough time to exit your loss as well as profit
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