rajender.kundhuri

banknifty 4th may expiry setup

NSE:BANKNIFTY   Nifty Bank Index
Sell below 43361 Target 43305, 43184,43000, 42922

Buy above 43463 Target 43506

OI data 45000 is strong resistance and 43200 is support with 10 lacs additional put writing if it breaks then next level will be 43000.
Comment:
Today is weekly expiry so trade with low quantity to save capital.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.