Buy Sunpharma Futures at 1533.9 | Stoploss - 1521.55 | Target1 - 1539.55 | Lotsize - 350 | Max Loss - 4322.5

Sell Voltas Futures at 1465.8 | Stoploss - 1472.45 | Lotsize - 600 | Max Loss - 3990.05

Buy Ioc Futures at 176.4 | Stoploss - 173.4 | Target1 - 178.7 | Lotsize - 4875 | Max Loss - 14624.95

Buy Abcapital Futures at 240.7 | Stoploss - 231.75 | Target1 - 242.15 | Lotsize - 5400 | Max Loss - 48329.95

Sell Abcapital Futures at 239.6 | Stoploss - 242.15 | Lotsize - 5400 | Max Loss - 13770.05

​​​​​​​​​​​Fat Fat Candle.

​​​​​​​​​​​Selling above 49300. The IV is higher in 49300.

IV is too less in 48700PE. See once.

​​​​​​​​​​​BN shot up 200pt in last 10 mins but it is at same place.

Selling 49000PE+ Buying 49400PE as an IV based bet. SL at 30% of max loss

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