BankNifty Daily Levels Update Option Day Trading Strategy
BankNifty Daily Levels Update Option Day Trading Strategy
BUY BANKNIFTY CALL OPTION
Tomorrow First Up Side Possible Trade in Banknifty – If Banknifty Open Gap Up Above Resistance
Trade Entry – If Banknifty Sustain above Support Zone (35450 – 35420) You Can Buy ATM CALL Option (35500 CALL)
Trade Target – Banknifty Upside First Target is 35700 & Second Target 35900
Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 35420 then Exit from Trade or max . 30/35 Points Stoploss .
Tomorrow Second Up Side Possible Trade in Banknifty – If Banknifty Open Gap Down But Above Support
Trade Entry – If Niftybank Sustain above Support Zone (35081 – 35035) You Can Buy CALL OPTION ( 35000 )
Trade Target – For Down side First Target for Niftybank is 35260 & Second Target is 35400
Trade Stoploss – If any 30 min candle Closes Above 35030 or max . 30/35 Points.
BUY BANKNIFTY PUT OPTION
First Posiible Trade in Banknifty Option Tomorrow
Trade Entry – If Niftybank Sustain Below ResistanceZone (35450 – 35420) You Can Buy ATM PUT OPTION (35400)
Trade Target – For Down side First Target for Niftybank is 35260 & Second Target is 35100
Trade Stoploss – If any 30 min candle Closes Above 35420 or max . 30/35 Points.
BUY BANKNIFTY CALL OPTION
Tomorrow First Up Side Possible Trade in Banknifty – If Banknifty Open Gap Up Above Resistance
Trade Entry – If Banknifty Sustain above Support Zone (35450 – 35420) You Can Buy ATM CALL Option (35500 CALL)
Trade Target – Banknifty Upside First Target is 35700 & Second Target 35900
Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 35420 then Exit from Trade or max . 30/35 Points Stoploss .
Tomorrow Second Up Side Possible Trade in Banknifty – If Banknifty Open Gap Down But Above Support
Trade Entry – If Niftybank Sustain above Support Zone (35081 – 35035) You Can Buy CALL OPTION ( 35000 )
Trade Target – For Down side First Target for Niftybank is 35260 & Second Target is 35400
Trade Stoploss – If any 30 min candle Closes Above 35030 or max . 30/35 Points.
BUY BANKNIFTY PUT OPTION
First Posiible Trade in Banknifty Option Tomorrow
Trade Entry – If Niftybank Sustain Below ResistanceZone (35450 – 35420) You Can Buy ATM PUT OPTION (35400)
Trade Target – For Down side First Target for Niftybank is 35260 & Second Target is 35100
Trade Stoploss – If any 30 min candle Closes Above 35420 or max . 30/35 Points.
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