BANK NIFTY LONG TRADE JAN (OPT)
Updated
BANK NIFTY LONG TRADE
CAUTION IT IS A RISKY TRADE
TRADE ONLY FOR WILLING RISK TAKERS
"IF YOU NOTICE 50-DMA CROSSES THE 200-DMA"
WHICH WE REFER AS THE GOLDEN CROSS
IN TECHNICAL ANALYSIS
THE INDEX AFTER A VER LONG TIME IS NEAR TO TEST ITS 20-DMA
AND I BELIEF IT IS THE RIGHT PLACE TO GO LONG WATCH OUT
AND USE 26870 TO ADD POSITIONS
AND 26770 AS A STOP
I HAVE BROUGHT OPTIONS ON BANKNIFTY
31ST JAN 2019 28000 CALL OPTION
BUY 28000 CE @115
STOP60
TARGET@300
LOT:20
QTY:500
CAUTION IT IS A RISKY TRADE
TRADE ONLY FOR WILLING RISK TAKERS
"IF YOU NOTICE 50-DMA CROSSES THE 200-DMA"
WHICH WE REFER AS THE GOLDEN CROSS
IN TECHNICAL ANALYSIS
THE INDEX AFTER A VER LONG TIME IS NEAR TO TEST ITS 20-DMA
AND I BELIEF IT IS THE RIGHT PLACE TO GO LONG WATCH OUT
AND USE 26870 TO ADD POSITIONS
AND 26770 AS A STOP
I HAVE BROUGHT OPTIONS ON BANKNIFTY
31ST JAN 2019 28000 CALL OPTION
BUY 28000 CE @115
STOP60
TARGET@300
LOT:20
QTY:500
Trade active
Targets are activeNote
targets to be hit today increas stop levels and hold !!
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*index update and oi analysis
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