31982.6 is an important level if bank nifty sustains below it short for the target of 300 to 400 points downside. As it is already below it short with a small quantity and if it retests this level and closes below it add more.
Catatan
bought only 4 lot of 14 jan 31800 pe @ 280 . Keeping SL at 140 . My SL is big but my target is also big. Will add more if it performs well. Otherwise will take sl .Trading ditutup secara manual
although it made a high of 336 but it does not matter. Exited it at 250 by booking a loss of 3K. Why? because price action was not giving a sign of fall and falling wedge breakout pattern with OI chain suggesting call shorters being trapped. Learning- If the market has to fall it falls rapidly. You can see in the chart buyers accumulated in the range of 31950 - 32000 for 6 hrs of trading. Hence explosive buying momentum came after pattern squeeze and breakout. You can enter just in the starting of these moves if you can track the supply-demand zone psychology.Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
