Hello Traderniftybull,
Just seen your post so pardon me for delayed reply.
Actually I carried PUTS and still carrying and lost in puts at yesterdays banknifty expiry. Bulls also lost and bears also lost. Time decay.
Are you still bullish? and what is your stop loss or level after which you will change your direction?
Simple Trader
Just seen your post so pardon me for delayed reply.
Actually I carried PUTS and still carrying and lost in puts at yesterdays banknifty expiry. Bulls also lost and bears also lost. Time decay.
Are you still bullish? and what is your stop loss or level after which you will change your direction?
Simple Trader
Options, whether calls or puts, gives lot of money only and only if we are on right side (barring some exceptions), mostly in a trending market
Last weekly expiry, BN moved in small range, so there was money only for scalpers or for those, who can switch sides with ease.
Yes, I am still bullish, actually, I was anticipating a bullish day today, but news on international front, keep dragging our market as well.
BNF closing was on bullish note, so let see how it pans out on Monday.
BNF breaching todays low, should be a point of concern, as a few bearish patterns may trigger below, todays low.