
TRADER VIVEK BHARNUKE
June 19, 2025 at 03:41 AM
Market Update – Nifty & Bank Nifty
Nifty:
• Trailing Stop Loss revised to 24,950
• No loss expected; we may need to exit position at cost if SL hits.
Short Straddle Update:
• Currently trading at ₹198
• New Stop Loss: ₹259
• Revised Targets: ₹150, then ₹100
• Hold with discipline — either Stop Loss or Target will trigger.
Bank Nifty:
• Fresh sell only below 55,555
• No buying plan for both indices as of now.
• We’ll reassess after today’s market close for further action.