What's your analysis..Bank nifty is in uptrend. Why should one buy PE option. Please let us know your analysis
Kruti0210
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@thejaswipusapati, There was a Swing Low here; Like we have a Swing Low formed in Sbin I had purchased SBIN 195 PE for oct expiry Rs. 0.90 yesterdays high was Rs. 3.15; U say its in Uptrend after the 24764.15 (previous high) broke; till then it was a Downtrend hence i had given a short trade; The RIsk was bare minimum I have mentioned it in my comments;
Kruti0210
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@thejaswipusapati, it wasnt in an uptrend where I gave target it the buyers were right at that price 23600