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Banknifty Possible Trade in Option Day Trading

NSE:BANKNIFTY   Nifty Bank Index
Banknifty Possible Trade in Option Day Trading




UP SIDE POSSIBLE TRADE IN BANKNIFTY

Tomorrow First Up Side Possible Trade in Banknifty

Trade Entry – If Banknifty Sustain above Support Zone (36612 – 36567) You Can Buy ATM CALL Option (36600 CALL)
Trade Target – Banknifty Upside First Target is 36800 & Second Target 36900
Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 36567 then Exit from Trade or max . 30/35 Points Stoploss .

Tomorrow Second Up Side Possible Trade in Banknifty - If Nifty Open Gap Up

Trade Entry – If Banknifty Sustain above Support Zone (36928 – 36895) You Can Buy ATM CALL Option (36900 CALL)
Trade Target – Banknifty Upside First Target is 37124 & Second Target 37300
Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 36895 then Exit from Trade or max . 30/35 Points Stoploss .




DOWN SIDE POSSIBLE TRADE IN BANKNIFTY

First Down Side Possible Trade in Banknifty
Trade Entry – If Banknifty Sustain below Resistance Zone (36928 – 36895) You Can Buy ATM PUT Option (36900 PUT)
Trade Target – Banknifty Downside First Target is 36612 & Second Target 36350
Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 36928 then Exit from Trade or max . 30/35 Points Stoploss .

Second Down Side Possible Trade in Banknifty
Trade Entry – If Banknifty Sustain below Resistance Zone (36612 – 36567) You Can Buy ATM PUT Option (36600 PUT)
Trade Target – Banknifty Downside First Target is 36340
Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 36612 then Exit from Trade or max . 30/35 Points Stoploss .

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