BANKNIFTY SHORT

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As per my setup BN is on its resistance on 15 min. I have used FIB retrace for target & SL which are mention on chart. This is a positional trade thus I have also carried a CE OTM in case if there is any gapup or change in direction which could simply hedge my position or reduce my loss. If I end in profit I still would just pay for the premium for CE.

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ملاحظة

took PE on 21 JUNE

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ملاحظة

First target of FIb level done, SL will be just above my buying point

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ملاحظة

Post retest I added few more lots and price has moved 150 + points in our direction, next level 43650

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TRAILING SL HIT, CLOSED TRADE IN PROFIT TODAY