29th Jun Banknifty

Trade logic of 29th Jun 2022 Bank nifty Chart Setup: I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min To mark the 1st 5 min candle high and low All above 3 points are set after that only i planned for trading Indicator : I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3) 1st Trade: Today market open with GAP DOWN open with Red candle 2nd candle try to break the 1st 5min candle low but failed and end with Green candle Next candle 09.25Am candle also green open and close above the 1st 5min candle low it's a perfect Rejection pattern So i decided to Enter into Banknifty PE option Entry time is 09.30AM candle Stop loss was below the low of 09.20AM candle Target was 1st 5min candle High