Banknifty Buy
Monday's market is unpredictible.
cauz, market did take up selller lequidity & buy got stoped out ( profit bookig and traling SL)
there are only sellers left in the market but not freash selling position
so, market does't have any money to go ethir way
so, market will trap every retailer both who will look for selling and buying
best possible situation now is market will open gap up and then trap buyer then comes down to take sellers money then give a big cendel upside to take out everybody
less possible situation market will open low and take out all the buyer then the as sellers come it will take there Sl and continue downward trand
but if market opens nutrul then totally avoid trading cauze last 3 days ends in consolidation
so market has high theta and low IV. could trade if market crosses my levels in high lequidity
As, For MY VIEW Looking to buy in first 2 to 3hours then watch Price Action
cauz, market did take up selller lequidity & buy got stoped out ( profit bookig and traling SL)
there are only sellers left in the market but not freash selling position
so, market does't have any money to go ethir way
so, market will trap every retailer both who will look for selling and buying
best possible situation now is market will open gap up and then trap buyer then comes down to take sellers money then give a big cendel upside to take out everybody
less possible situation market will open low and take out all the buyer then the as sellers come it will take there Sl and continue downward trand
but if market opens nutrul then totally avoid trading cauze last 3 days ends in consolidation
so market has high theta and low IV. could trade if market crosses my levels in high lequidity
As, For MY VIEW Looking to buy in first 2 to 3hours then watch Price Action
Penafian
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