Trade Log BANKNIFTY Intraday

מעודכן
Date : March 24, 2020 8:30 AM

Asian markets up and SGX nifty up. There is no major news, so this could be a more technical pullback.

Action : If it gaps up, sell 1 lot and cover on the gap fill. And then the idea would be to again buy gap fill and wait for profitable exit.
If there is no gap, then wait for the index to establish the range.
Look for any good stock on the long side.

Due to extreme volatility, only trade 1 or 2 lots. There can be no trade as well.
עסקה פעילה
Gap was sold very fast and it was not tradeable. Then touch of gap fill is traded with Bank Nifty. And profit was booked at the first opportunity. Bank Nifty was a weaker index of both and it actually fell much more than just gap fill.
עסקה סגורה: היעד הושג
The index fell much more than anticipated, hence trade was closed quickly once it was back in profit.
BANKNIFTYintradayprofitTrend Analysis

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