Expiry day Trading in Bank nifty option Using simple technique

 My calls performance on 18th Mar 2021 shown in chart below

   

Reason for my Entry: (1st Trade)

·       Today's 1st 5 min Red candle Opened above "R3"

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

·       Today At 10.40 AM once strong Red candle break the 1st 5 min candle low from up to down side 

·       Today 1st 5 min candle low and "R3" in same place 

·       So their is a possible for market go DOWN side

·         So I decided to give a Call in Banknifty 01st Apr 34700 PE (Buy above 335) 

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

·        I fix my target  at "S3"

·        I But exactly my stop loss hit and next candle onward candle are going down and hit my target "S3" 

Youtube Video: 

Reason for my Entry: (2nd Trade)

·       Today At 12.50 PM once strong Red candle break the "R3" from down to upwards and next candle also red

·       So their is a possible for market go Down side

·         So I decided to give a Call in Banknifty 01st Apr 34800 PE (Buy above 350) 

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

              ·        I fix my target  at "1:2 ratio"

Today trading technique:

·        1st candle low breakout pattern

·       "R3" Breakout  pattern

  

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