Re: BankNifty Intraday Pivot Points
Hello Mr.Narkar,
What I Would Suggest Is At Some Down Side Tomorrow SELL Off Your One BNF Which Is Bought At 7100 & BUY 1 Lot Of August BNF
That Way Your Net Position Will Be 1 Lot Short JULY BNF & 1 Lot Long AUG. BNF.
Where As You Might Perhaps Be Able To Extract Some Profit From JUL BNF Of 7450 Or Atleast Reduce Some Of Your Loss In Your Short Position.
Alternatively, If Your Capital Permits & If You Get August BNF At A Good Price Then I Suggest You BUY 2 Lots & Sell 1 Lot Towards The End Or Atleast With 100 Point Profit & Keep 1 Lot Of Aug BNF For Next Month.
Happy & Safer Trading
SavantGarde
Hello Mr.Narkar,
What I Would Suggest Is At Some Down Side Tomorrow SELL Off Your One BNF Which Is Bought At 7100 & BUY 1 Lot Of August BNF
That Way Your Net Position Will Be 1 Lot Short JULY BNF & 1 Lot Long AUG. BNF.
Where As You Might Perhaps Be Able To Extract Some Profit From JUL BNF Of 7450 Or Atleast Reduce Some Of Your Loss In Your Short Position.
Alternatively, If Your Capital Permits & If You Get August BNF At A Good Price Then I Suggest You BUY 2 Lots & Sell 1 Lot Towards The End Or Atleast With 100 Point Profit & Keep 1 Lot Of Aug BNF For Next Month.
Happy & Safer Trading
SavantGarde
savantsir ,
as i m new in stock market & enter when market is firing up already started to falling from 4600 or 4650 & since last 2 weeks i m come to know this tread , & without any knowledge or without seeing this tread i m short bank nifty 1 lot nr 7100 & 1 lot nr 7450 so my averages is nr abt 7250 now it s request u what can i do now & what is the sl if there is no chance of fall . hoping for ur reply
as i m new in stock market & enter when market is firing up already started to falling from 4600 or 4650 & since last 2 weeks i m come to know this tread , & without any knowledge or without seeing this tread i m short bank nifty 1 lot nr 7100 & 1 lot nr 7450 so my averages is nr abt 7250 now it s request u what can i do now & what is the sl if there is no chance of fall . hoping for ur reply