UNITED STATES OF BANKNIFTY

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Good morning .... Have a nice trading day

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For now, the spot level of 30000 (+ / - 50 points) will decide the future course of Banknifty .... Above this range, we go up ... Below this range, we go down .....

Choose very wisely .... Confirm the trend before entering .... Good luck to all .....

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We are now at a crucial level (30000 approx) ..... It's make or break from here .... But I would like to wait as the intraday premiums are above the normal levels .....

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Here we go .... Intraday premium erosion beginning to emerge now ....

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Absolutely sensational stuff ...... Another big day .... Waited since morning ...... Finally, entered when the intraday swift downward movement began .... We already had the levels ... as soon as 30000 was breached on downside with full force, I knew it was time to jump into PUTS .... Fortunately, got out at exact 29860 approx ..... It's been fantastic week so far .....

Made almost 67% within one minute ... Yes, that's true ..... within 60 seconds (see the screenshot) .... Record breaking trade ..... Thanks for your kind wishes ..... Enjoy money rain ....

Disclaimer: This forum is meant for educational purposes only.

 

[Top_Massage]

Good morning .... Have a nice trading day

Disclaimer: This forum is meant for educational purposes only.

 

[Top_Massage]

OK folks .... Keep an eye on the probable Banknifty range of 30000 to 30250 ..... We need to get out of this range (with force) in order to start a new meaningful movement (upwards or downwards) ....

Today is monthly expiry, so be very careful ..... Good luck .....

Disclaimer: This forum is meant for educational purposes only.

 

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Well .... Banknifty is still stuck within the range of 30000 to 30250 .... We need to get out of this range decisively (otherwise no trade) .....

Also, please be aware that option premiums of next weekly expiry are on extremely higher levels ... This is perhaps due to upcoming RBI policy event on 4th April (Thursday) ......

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[Raj232]

So expect huge volatility on 4th April

 

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Absolutely sensational stuff ..... We already had the levels but we just had to wait for premium erosion to come to an end. Banknifty did manage to break though the range of 30000 to 30250 with massive force .... I waited till the very end since the options premium were really high.

Finally, took a combo at 2:55 PM at total cost of 46 and ended up selling at 71 ... Saw huge volatile up & down movement but in the end, made some 54% gains within minutes .....

We will meet again tomorrow. Thanks ... Enjoy ....

Disclaimer: This forum is meant for educational purposes only.