BankNifty Daily Levels Update For Option Day Trading
UP SIDE POSSIBLE TRADE
Tomorrow First Up Side Possible Trade in Banknifty – If Banknifty Open Gap Up Above Resistance
Trade Entry – If Banknifty Sustain above Support Zone (35953 – 35910) You Can Buy ATM CALL Option (36000 CALL) Trade Target – Banknifty Upside First Target is 36200 & Second Target 36100 Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 35910 then Exit from Trade or max . 30/35 Points Stoploss .
Tomorrow First Up Side Possible Trade in Banknifty – If Banknifty Open Gap Down Above Support
Trade Entry – If Banknifty Sustain above Support Zone (35660 – 35700) You Can Buy ATM CALL Option (36000 CALL) Trade Target – Banknifty Upside First Target is 35900 & Second Target if Bank nifty Closes in one Hour Candle above Resistance (35953 – 35910) Then Only Second Target will Possible 36300 Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 35660 then Exit from Trade or max . 30/35 Points Stoploss .
DOWN SIDE POSSIBLE TRADE
Trade Entry – If Banknifty Sustain below Zone (35953 – 35910) You Can Buy ATM PUT Option (35900 PUT) Trade Target – Banknifty Upside First Target is 35700 & Second Target 35550 Trade Stoploss – If Banknifty index Any 30 min candle Close Below Support 35953 then Exit from Trade or max . 30/35 Points Stoploss .
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