Bank Nifty View - 22 December 2023

22 Ara 2023

Bank Nifty seems very weak compared to Nifty. Also, today, the sentiment seems bearish. So, going along the trend I'm expecting profit booking and a big fall. I've marked the trendlines and my positions on the chart. My SL is close above 47870-47880

22 Ara 2023

Not

The trade is risky as it in contrary on a intraday basis

22 Ara 2023

İşlem aktif

It might take multiple days to achieve the target so I might carry some positions overnight

22 Ara 2023

Not

Back to green

22 Ara 2023

Not

Updating SL to 47830

22 Ara 2023

Not

I did something terrible instead of adding puts I added calls. Good thing I exited within 2-3 min. But had to take ~15% loss.I hope I can recover this

22 Ara 2023

İşlem kapandı: hedefe ulaştı

Target 1 reached up 15% now. Overall it is more like 40% but yes

22 Ara 2023

Not

I was expecting T2 to hit on Tuesday, however, due to theta I would have gotten less. But I've closed 90% of my trades now. Done for the day. Keeping a single lot of BNF

22 Ara 2023

Not

Two hundred points up move in BNF in the last 5 min candle. I hope everyone has closed their positions. I still am carry forwarding single lot of BNF deep ITM puts.

22 Ara 2023

İşlem kapandı: hedefe ulaştı