My Trading Plan for Nifty Bank Nifty 8th October 2015
This is how I will Trade Today
Will buy Nifty above 8220-8230 or Sell it short below 8160-70 with appropriate stop loss.
Will Buy Bank Nifty above 17740-17750 or Short sell it below 17500-17510 with Stop losses.
For buying and Selling in Bank Nifty I will use Bank Nifty Future and for Nifty I will use deep in the money calls or deep in the money puts.
I am not sure than indices will touch my levels.
If the indices fail to do so I will remain on sidelines.
This is how I will Trade Today
Will buy Nifty above 8220-8230 or Sell it short below 8160-70 with appropriate stop loss.
Will Buy Bank Nifty above 17740-17750 or Short sell it below 17500-17510 with Stop losses.
For buying and Selling in Bank Nifty I will use Bank Nifty Future and for Nifty I will use deep in the money calls or deep in the money puts.
I am not sure than indices will touch my levels.
If the indices fail to do so I will remain on sidelines.
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