Bank Nifty: Getting ready to brake the Range
Updated
I am expecting range brake out very soon. It will be trending once it will brake the range.
Yesterday daily candle indicates that 44000-44150 is a strong demand zone.
Yesterday's Daily candle was the first strong bullish candle in this range
Yesterday daily candle indicates that 44000-44150 is a strong demand zone.
Yesterday's Daily candle was the first strong bullish candle in this range
Note
Note
Currently @ Supply Zone...Waiting for a right time and price to enter
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44700 call looks gud to enter @ 190 with risk of only 12 points.Note
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44700 CE bought @ 190...Currently @ 250 ... My first target is 260 But I am not interested to book early profit in trending market.
Sharp moment is expected in 44700 CE in 2nd half...
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44700 CE tralling SL @ 213Also added some more qty @ 228
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Bingo...44700 CE Bought @ 190 add more qty @ 228 CMP @ 290...
I am expecting target of 325 and 440... My first target was 260. My trailing stop loss @ 248 which is near to the first target if in any case it it will reverse.
Let's see
Trade closed: target reached
Booked @ 275...Almost 85 point profit book from 1st qty and 50 points from 2nd qty...Note
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It's time to get trending 45100 CE ... CMP @ 200Note
Options Can move with No Limit Note
45100 CE bought @ 200 CMP @ 350...Note
45100 Call CMP @ 420...I will book the full profit once 46000 CE will be @ 100 ... Till then I will follow the trend
Trade closed: target reached
45100 CE Exited @ 375 due to momentum lossNote
45500 CE Long @ 100 with 15 point riskNote
Exited from 45500 CE @ 102---Almost cost to costNote
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45400 Ce looks interesting @ 120Note
45400 CE is ready to rock & roll ...My first target 200-210...
weak below 105
Note
45400 CE now @ 220...@ first targetNote
If sustain abv 1st target then next one is @ 265Note
Profit booked @ 215 in 45400 CE...Bought @ 120
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