Nifty Bank IndexShort
bank nifty june29
Updated
rasing wedge has formed in 1hr timeline
so tomorrow most probably gap up open will be happening
one gap up opened the market will start falling as I told it is a rising wedge
as a result of the gap-up market likely to start at 35500
so, buy put option 35500PE
Target 1: 35300 (good support //once breaks then the target will be 2 )
Target 2: 35000 (good support //once breaks then the target will be 3 )
Target 3: 34600
so tomorrow most probably gap up open will be happening
one gap up opened the market will start falling as I told it is a rising wedge
as a result of the gap-up market likely to start at 35500
so, buy put option 35500PE
Target 1: 35300 (good support //once breaks then the target will be 2 )
Target 2: 35000 (good support //once breaks then the target will be 3 )
Target 3: 34600
Trade closed: target reached
target 2 reachedTrade closed: target reached
35000Trade closed: target reached
partially target 3 reached 34750
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