Bank Nifty View Deceptively Bullish - 15 December 2023

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This morning, my view was bearish to sideways. So, I shorted BNF and sold calls in Sensex options as nifty was much stronger than BNF.

The 9:55 candle made me question my view. It dominated the 9:50 candle, which was completely bearish, eating up all my profits and turning red.

Today's market is a little bit tricky.

Closing below 47665 will be SL. Target is 47881 and 47942.



Trade attivo
Long on both BNF and Sensex. Holding BNF longs overnight if needed
Trade chiuso manualmente
I booked loss, and the chart seems like Sensex will fall.
Trade chiuso: obiettivo raggiunto
BANKNIFTYbankniftytradesetupbankniftyviewTrend AnalysisTrend Lines

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