pr0p

Bank Nifty View Deceptively Bullish - 15 December 2023

Long
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NSE:BANKNIFTY   Nifty Bank Index
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

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