Reason of why i am expecting crack. Like IND50 i.e NIFTY german market is also at verge of ATH but it is showing weakness. So my bet is either consolidation or retracement before it goes more up

Compare https://s3.tradingview.com/snapshots/j/J3uP1vsT.png

So when does the short triggers? If BN breaks 48900. https://s3.tradingview.com/snapshots/u/uh7AeCXG.png

Market adjusted premiums in a way that it is expecting it will reach 49300 first - https://s3.tradingview.com/snapshots/p/PoJOiuZl.png

​​​​​​​​​​​This is how I am conjecturing.

So if BN falls even a slight 49000CE will lose this IV sharply

​​​​​​​​​​​Chartwise speaking. Low risk High reward.

Lets see if it triggers or hold.

Struggling. https://s3.tradingview.com/snapshots/e/Ez615grp.png

Retracing from upper channel. https://s3.tradingview.com/snapshots/8/8roTARMf.png Observing for entry

Closed PEs. Shifted CEs from 49200 to 49500

​​​​​​​​​​​Not expecting quick fall.

​​​​​​​​​​​Sold at 500 with SL at 600.

​​​​​​​​​​​TSLed to 540 now from 600.

​​​​​​​​​​​Not sustaining. Exited at 458. Will recheck it later.

​​​​​​​​​​​Shorted 49600CE at 100. SL 150.

New short trigger entry - https://s3.tradingview.com/snapshots/h/hEgZSc9P.png

Sell Hal Futures at 4053.8 | Stoploss - 4070.45 | Lotsize - 300 | Max Loss - 4995.0

Buy Hal Futures at 4055.05 | Stoploss - 4000 | Target1 - 4070.45 | Lotsize - 300 | Max Loss - 16515.0

Triggered. https://s3.tradingview.com/snapshots/m/MCssWxha.png Gave SL and observing.