Only for Option Buyer - BANKNIFTY Trades 6/14/2022
Updated
Hello Friends,
I do not have anything to update on charts as I dont work as per levels.
For 06/13 - Market again did not give any oppurtunity to me for short so
no trades for the day. You can check my previous posts as well as I was only looking for short.
For 06/14 - In last hours market shows some profit booking or may be fresh buying. Thats a good indication for me to go short now BUT if gap down happens than again I will wait to price comes upside and then I will look for oppurtunity to short.
I will only look for short. If market recovers from here let it be. I always ready to miss the moves as I trust my decisions.
Thought - Now after this fall trading phycology begins to impact traders mind and we start thinking " Is this the bottom again?" Or its an oppurtunity again to buy some shares or investment. I think market should not come downside if it was on uptrend previously. Why market will give chance to buy on this discounted rate if market really wanted to go 40000?
If my analysis would correct we will see 25000 soon.
I do not have anything to update on charts as I dont work as per levels.
For 06/13 - Market again did not give any oppurtunity to me for short so
no trades for the day. You can check my previous posts as well as I was only looking for short.
For 06/14 - In last hours market shows some profit booking or may be fresh buying. Thats a good indication for me to go short now BUT if gap down happens than again I will wait to price comes upside and then I will look for oppurtunity to short.
I will only look for short. If market recovers from here let it be. I always ready to miss the moves as I trust my decisions.
Thought - Now after this fall trading phycology begins to impact traders mind and we start thinking " Is this the bottom again?" Or its an oppurtunity again to buy some shares or investment. I think market should not come downside if it was on uptrend previously. Why market will give chance to buy on this discounted rate if market really wanted to go 40000?
If my analysis would correct we will see 25000 soon.
Note
I am ready to short...lets see if I get trade or not.Note
I have bought PE .. Lets see how it performs.Note
Hmm..I am preparing to exit from the position. Let see if upside strong structure formed or not in next few minutes.
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