Trading performance of 12th Feb 2021

 My calls performance on 12th Feb 2021 shown in chart below

Reason for my Entry: (1st Trade)

·       Today's 1st 5 min Green candle open between "R3" and "S3"

·       Today's 1st 5min candle high and low marked in Yellow line ( Chart )

·       Today's 1st 5min candle high and "R3" also in same level

·       Today At 10.20 AM once strong Green candle break the "R3" and next candle break 1st 5 min candle high and next candle also green

·       So their is a possible for market go UP side

·         So I decided to give a Call in Banknifty 18th Feb 32600 CE (Buy above 350) 

·       Stop loss was previous candle Low (Most important point in trading is always trail your Stop loss)

·        I fix my target  1:2 Ratio

Reason for my Entry: (2nd Trade)

·       After 11.25 AM  Red candle market try to going downside but after 1 hrs market movement in Sideways  

·       So i noted that area in PINK color line feel as strong Resistance

·       At 12.55 PM green candle break that pink line and goes up already in that area market reversed, So in case market reverse once again i decided to enter in PE option when red candle broke the pink line from up to down side 

·       At 01.35 PM red candle cut the pink line and next candle also red 

·         So I decided to give a Call in Banknifty 12th Feb 35700 PE (Buy above 350) 

·       Stop loss was previous candle High (Most important point in trading is always trail your Stop loss)

·        I fix my target  "R3"

  

Check the below screenshot of my calls posted today in my APP (Click here to download the app)