BankNifty

Nish

Active Member
#61
BN Long term Bearish confirmation only after Break-down below 32000 - I guess !

Todays was the Option writers paradise in CEs !

Avoided any trade and waiting patiently for an entry ! ... By the way, 4Mar BN 39500 PEs around 8 to 14 may be junk-cheap ! :)
 

Nish

Active Member
#63
BN still looks Bullish!

.. BUT After GlassHalfFilled and Draemy Bullish stance in this week, now for me, BN staing below 36360 looks not much good for Bullish positions !

.. Because 36360 to 36560 seems to be resistance zone ! Only staying Above this range, 35000 to 40000 journey may continue - if NO adverse news on local or global front !

At-least the chart says so !


View strictly for STUDY PURPOSE !
 

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Nish

Active Member
#64
BN was Gap-down so could not capture the down-move.

But As per last post today , BN 36360 resistance proved to be right !

In just last 2 hrs, 04Mar 36000PEs from low of 31 to high of 195 ! :)

Chart.
 

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Nish

Active Member
#65
For me, as long as, N is above 14888, Bullish stance continue, .. Only below this lvl, Bulls may be in trouble !

View strictly for STUDY PURPOSE !
 

Nish

Active Member
#66
BN 35800CEs from low of 377 to 471 ! May be more today itself ? :)

Intraday patteren just like yday !

View strictly for STUDY PURPOSE !
 
#67
BN 35800CEs from low of 377 to 471 ! May be more today itself ? :)

Intraday patteren just like yday !

View strictly for STUDY PURPOSE !
Now a low below 300 :)
 
#69
Yah ! TSL triggered at 449 for 10Mar 35800CE, still got 70 pts per lot ! :)

Again B at 298, holding ! CP was around 360 plus, when last saw, could not book somehow . Hope some upside on Monday - else have cushion of 70 pts already !
How do you trail your stoploss ? Do you edit the sell order with each bar or is there some automated program ?
 

Nish

Active Member
#70
How do you trail your stoploss ? Do you edit the sell order with each bar or is there some automated program ?
In options, dynamically managed approx 30 pts on intraday !

Rarely carry O/night positions in options, since we do not have Gapup / Gap down control , but since I generally book 50 % position, if in profits, so do'nt mind exiting in a few pts loss - if so happened !
 

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