This is new post. The post for gaps trading in banknifty. (i) Gaps up. When market open in Gaps up that condition the previous days high Is very important, if the breaks the high it means the the call sellers are More powerful than put sellers. At that point we goes for put buying. (ii) Gaps down. When the market opens in gap down that condition previous days low is Very important,if the market breaks previous days low in upside and sustain up to 15-20min Then we go for call buying.
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