Huge RR in Bank Nifty Shorting!
Diupdate
We can go short in BN positionally with very small Stop Loss.
Catatan
Downside move will be choppy and slow, so option selling with edge or Future short with edge is best option.Catatan
It looks like the Indian market is opening flat. We will hold Bank Nifty shorts until the 15-minute candle closes above 52,800.The risk-to-reward ratio is good, so we are taking a little extra risk to avoid fake spikes near our SL.
Catatan
Time: 11:17 AM, 26th June 2024Current Market Price (CMP): 52,719
Bank Nifty is still choppy as we expected. We can add more lots in CE selling/Future with the same stop loss of 52,800.
Trading ditutup: stop tercapai
Stop Loss hit 52800, We are closing our positions.
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