Trading performance of 15th Dec 2020

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My calls performance on 15th Dec 2020 shown in chart below

 


Reason for my Entry: 

·         Today's 1st candle is big red candle and candle close below "S3" so possible for market go to fall

·         3rd candle break the 1st 5 min candle low so i get confirmation market is today down trend

·          1st 5 min candle low is marked in yellow line

·         So i decided to give a call in PUT option of Bank nifty 17th Dec 30600 PE at BUY above 350 

·         Important Points is i kept my stop-loss above 1st 5 min candle low

·         I fix my target is Yesterday's Low

 

  Why i choose 30600 PE 

·         Today's 1st 5 min candle low was broken i confirm market is down trend and low is in 30587 so i decided 30600 PE

Check the below screenshot of my calls posted today in my APP (App link given in Follow me Tab)



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