
TRADER VIVEK BHARNUKE
June 12, 2025 at 03:29 AM
📊 Trade Update
🔹 Bank Nifty:
Holding a bullish position from 56200.
New Stop Loss: 55555
If SL hits, I’ll short OTM CE with double quantity.
If SL doesn’t hit, I’ll continue holding it as a swing trade.
Since it’s a CE sell position, theta decay will work in our favor.
🔹 Nifty:
Will go bullish only if 25250 is broken.
SL: 25050 | Target: 25500
Maintaining a 1:1 risk-reward ratio.
No short plans for now — Nifty IT looks strong currently.