Nifty Bank IndexShort
BankNifty Daily Levels Update For Option Day Trading
Banknifty Possible Trade in Option Day Trading
Up Side First Possible Trade in Banknifty
Trade Entry –
On Monday If Banknifty Sustain above Support Zone ( 40550 – 40588 ) You Can Buy 40600 ATM CALL Option
Trade Target –
Banknifty Upside First Target is 40800
Banknifty Upside First Target is 41000
Trade Stoploss –
In Banknifty Chart if Any 30 min candle Close Below Support 40550 then Exit from Trade or max . 30/40 Points Stoploss .
Down Side Possible Trade in Banknifty
Trade Entry –
Banknifty Open Below but Near Resistance Zone ( 40550 – 40588 )
You Can Buy 40600 ATM PUT Option near Resistance Zone .
Trade Target –
Banknifty Downside First Target is 40300
Banknifty Downside Second Target is 39900
Banknifty DonSide Thrid Taarget - 39670
Trade Stoploss –
In Banknifty Chart if Any 30 min candle Close Above Resistance 40588 then Exit from Trade or max . 25/30 Points
Up Side First Possible Trade in Banknifty
Trade Entry –
On Monday If Banknifty Sustain above Support Zone ( 40550 – 40588 ) You Can Buy 40600 ATM CALL Option
Trade Target –
Banknifty Upside First Target is 40800
Banknifty Upside First Target is 41000
Trade Stoploss –
In Banknifty Chart if Any 30 min candle Close Below Support 40550 then Exit from Trade or max . 30/40 Points Stoploss .
Down Side Possible Trade in Banknifty
Trade Entry –
Banknifty Open Below but Near Resistance Zone ( 40550 – 40588 )
You Can Buy 40600 ATM PUT Option near Resistance Zone .
Trade Target –
Banknifty Downside First Target is 40300
Banknifty Downside Second Target is 39900
Banknifty DonSide Thrid Taarget - 39670
Trade Stoploss –
In Banknifty Chart if Any 30 min candle Close Above Resistance 40588 then Exit from Trade or max . 25/30 Points
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