Mafie

BANKNIFTY

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

My point of view.

Tomorrow expecting a Gap up
Below 43000 free fall

Shorted 42300 @ 100. holding @ 36.

Anything below 43000 will book loss.

Disclaimer
Only for Educational Purpose
Comment:
NIFTY AND BANKNIFTY trading in opposite direction be careful
Comment:
CLOSED 42300 PE @ 28
Comment:
Straddle
43300 PE @ 212 - 30% SL
43300 CE @ 289 - 30% SL
Comment:
Hope you can understand. Why I closed naked 42300 PE and Opened 43300 PE and CE. Straddle.

Small Tip
If market is bullish. its has to open flat or gap up to move up.
Gap down opening may create confusion or reversal.
Comment:
Closed my Straddle
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