Trading Performance of 10th Dec 2020

 My calls performance on 10th Dec 2020 shown in chart below


Reason for my Entry: 

·         Today's 1st candle is small green candle open below "S3" and failed to break up side of "S3"

·         2nd candle is red candle and open and close below "S3" and failed to cross "S3" thru UP side, So possible for DOWN trend

·         Today's 1 hour candle low is broken after that i confidently believe market is ready to fall

·         So i decided to give a call in Call option of Bank nifty 10th Dec 30600 PE at BUY above 350 

·         Important Points i kept my Stop-loss is above 1st 5 min candle low (Marked in yellow line)

·         I fix my target is 1:2 ratio

 

  Why i choose 30600 PE

·         Today's market opened and reverse in "S3" so their is a strong support not allow the market to go up so i decide that area 30560 nearest range of 30600 PE

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



Comments

Popular Posts

Trading Performance as on 21st Sep 2021

05th Jul Banknifty Review

Strategy that helps me to earn in Banknifty Option consistently