bank nifty 34800 buy PE ( put option )
A symmetrical triangle pattern has been formed. according to 50 days moving average bank nifty take resistance at 35100 so try to buy 34800 PE
Komen:
In my view bank nifty looks bearish so I suggested you to buy 35000pe or 34900pe or 34800pe
1) 35000 comes under ATM option
2)34800 comes under otm option
1) 35000 comes under ATM option
2)34800 comes under otm option
Dagangan ditutup: sasaran tercapai:
breakout of 150 points down has happened and it has reached 39000 at 9:22 am.
but slightly disappointed because it doesn't hit 200 points target.
but slightly disappointed because it doesn't hit 200 points target.
Dagangan ditutup: sasaran tercapai:
target reached once again. almost 300 points by 1:15 pm a good profit
+gap up or flat it is going to fall till 34800
if bank nifty opens gap down this idea doesn't work.