Trading performance of 16th Dec 2020

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My calls performance on 16th Dec 2020 shown in chart below

 


Reason for my Entry: 

·         Today's 1st candle is big red candle opened in "R3" so i waiting for lst 5 min candle high or low to be broken

·         10th Candle is break the "R3" and 1st candle low, so their is a high possible for down trend

·         So i decided to give a call in Bank nifty 17th Dec 31000 PE option at BUY above 350 

·         Important Point i  kept my stop-loss in entry candle before candle high 

·         I fix my target is 1:2 ratio

 

  Why i choose 31000 PE 

·         Today's high is marked in Yellow color line (30929 so i choose nearest one 31000 PE option ) after long time it's given a good movement

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



Comments

  1. Unknown19 December 2020 at 12:11

    Sir for nifty we follow same strategy

    ReplyDelete
    Replies
    1. Option Trading Calls and Tips19 December 2020 at 23:39

      80% of movement in nifty and banknifty is same . So you can apply this strategy in Nifty also

      Delete
  2. Unknown19 December 2020 at 12:12

    Plz give nifty tips too in ur app sir...

    ReplyDelete
    Replies
    1. Option Trading Calls and Tips19 December 2020 at 23:36

      Sure I will try to post as soon as possible. Thank you for your support , kinldy follow my application

      Delete

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