Nifty Bank Index
Short

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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