Nifty Bank IndexShort
BN | Short Trade | Swing
BN as anticipated has gapped up straight into resistance zone and is struggling to find momentum.
I'm anticipating a failure from the highs through a price action and price to re-test the trend line drawn.
I have taken positions for December month expiry. 51600 PE bought.
I have hedged it with a far OTM PE Sell since I believe in trading only spreads unless it's a short burst trade.
Let's see...
I'm anticipating a failure from the highs through a price action and price to re-test the trend line drawn.
I have taken positions for December month expiry. 51600 PE bought.
I have hedged it with a far OTM PE Sell since I believe in trading only spreads unless it's a short burst trade.
Let's see...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.