Banknifty Trade Setup for 08.06.22 with intraday levels

7 มิ.ย. 2022

Gap down opening followed by a downtrend but recovery in the last 30 mins.

Expecting a trending day tomorrow in case of a break out or break down as there has been massive option writing in both call and put at 35000. People are playing short straddle at that strike price. There is a possibility

Trading Ideas

Long above 35150
Short below 34890

>>Option buying

Long Position: Buy 35300 CE
Short position: Sell 34900 PE

>>Option Selling

Sell 36000 CE and 34500 PE

7 มิ.ย. 2022

บันทึก

Long Position: Buy 35300 CE
Short position: BUY 34900 PE


please ignore the SELL written under short position

8 มิ.ย. 2022

บันทึก

Trade worked fine on long side