TradZoo

Banknifty PE & CE Buy Levels (14/07/2020)

NSE:BANKNIFTY   NIFTY BANK
Possible in first half banknifty trade in sideways zone from 21750-22050. If banknifty break the 21750 levels then we will see 21550 immediate strong support if this also break then we will see 21250 to 21050 levels. We can initiate any option call either breakdown of 21750 or breakout above 22050.
Comment: Trade 1: Bought at 21750 Breakdown
Banknifty 21500PE @190
Made High 480+.
290+ Points Movement

Trade 2: Bought at 21500 Breakdown
Banknifty 21300PE @190
Made High 360+
170+ Points Movement Done

Trade 3: Bought at 21400 Reversal from resistance act
Banknifty 21400PE @320
Made High 430+.
110+ Points Movement Done

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