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BankNifty – RBI Policy Week of 06Dec vohicapital.com/trading/bankni…
Concepts of "probability of touch" are used in trades like the one mentioned in this post.

When touch happens, there is no need to stay in the trade anymore.

The $BankNifty Hive of Flies taken off today with a touch of spot to 26650
Usually no need to look for re-entries, but with the spike up to 26750, took a re-entry into a lower #HiveOfFlies trade on $BankNifty for #RBIPolicy day.

Payoff on 05-Dec.

Nothing to do on these unless 26850 is breached tomorrow before event.

#OptionsTrading
#RiskDefined
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