Banknifty view for 5th December 2023
The market is range-bound today. Since the market is in an uptrend, selling puts is one of the worst things that can be done.
I think I can go long and wait till BNF hits 47100 with SL being 46800. The trade is a bit risky, however.
I think I can go long and wait till BNF hits 47100 with SL being 46800. The trade is a bit risky, however.
Trade ativo
I've made longs at 46900. By the time I posted, half the target had been reached. Will add more during retracement.Nota
Trailing SL to 46915Nota
47000 is a very good resistance. However, it was already taken out in the morning. Since we do not have any historical data to verify, I will trail SL to get at least some profit from the trades.Trade fechado manualmente
Booked half at 46980Trade fechado: objetivo atingido
Booked full at 47000Nota
Buying momentum can be seen decreasing
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.