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Nifty Bank Index
Updated
May 4, 2023
Flat Expiry looks like..
1
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May 4, 2023
Low premium,
Flat Expiry.. Directionless so far.
Have a Short strangle with hedges..
Not a directional day unless the prev Day Low or HIgh breaks convincingly with good volume.. Expect good Decay..
May 4, 2023
Trade active
Exited CE with profit. See the break of upper trend line. Sold PE closer to Central PIVOT..
May 4, 2023
Trade active
Expect to hit Week High and consolidate/reverse.. a Break above high will be a good surprise..
May 4, 2023
Trade closed manually
The premiums are too low now.. Not worth the risk. Done for today. 0.5%
May 4, 2023
Note
Has stepped out to drop my kid at his class the market broke day's high. Missed the rally.. Hope some of you had a good day yesterday.
yrdvas
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