Huge RR in Bank Nifty Shorting!

25 thg 6

We can go short in BN positionally with very small Stop Loss.

25 thg 6

Ghi chú

Downside move will be choppy and slow, so option selling with edge or Future short with edge is best option.

26 thg 6

Ghi chú

It looks like the Indian market is opening flat. We will hold Bank Nifty shorts until the 15-minute candle closes above 52,800.

The risk-to-reward ratio is good, so we are taking a little extra risk to avoid fake spikes near our SL.

26 thg 6

Ghi chú

Time: 11:17 AM, 26th June 2024

Current Market Price (CMP): 52,719

Bank Nifty is still choppy as we expected. We can add more lots in CE selling/Future with the same stop loss of 52,800.

26 thg 6

Đóng lệnh: dừng lỗ

Stop Loss hit 52800, We are closing our positions.