📉 BankNifty Rejection at 54,500

BankNifty Intraday Trade

📉 BankNifty Rejection at 54,500

At 10:15 AM, I shorted BankNifty 54,500 CE. The trade was based on a rejection at the EMA + Gann level confluence. With IVs running hot, I expect premium decay through the afternoon session.

This is a quick scalp setup with tight risk management — discipline first, profit second.

📌 Trade Plan:
  • Entry: 54,500 CE Short
  • Stop Loss: 54,600
  • Target: 54,200
#BankNifty #Intraday #Options

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *