In morning, I was sure market will go down but whole day market struggled at 11700 and 30350 level giving up and gaining again.
My position in Nifty was the only one giving me trouble. So after 2:30 when nifty was down, and struggling again to move down, I took it as a reversal signal. I exitted slowly from all bearish positions and was quick to change sides.
Created a straddle of Nifty between 11800 and 11550.
Created a bull put spread of 11600 and 11450.
Created a Bank Nifty bull put spread 29800 and 29500. Booked it in 15 minutes and rolled over at profit to 30000 and 29700.
Sold additional call of 31100 in 2 lots.
Details of my trades are shared below:
Telegram Channel - https://t.me/rkatwaltradingupdates