Nifty Bank IndexUpdated Banknifty Intraday Analysis for 27th March 2024
BANKNIFTY Highest Call writing at 47000 strike with 37.51 Lakh Contract. If 15 Minute candle close above 46760 level, BankNity may lead to 1st target of 47000 and 2nd target of 47250 level. Trailing Stop Loss starting from 46450.
Put writing at 46500 strike with 27.05 Lakh Contract and at 46000 strike with 30.26 Lakh Contract . If 15 Minute candle close below 46540 which may lead to 1st target 46300 level and 2nd target 46050 level. Trailing Stop Loss starting from 46750.
Trade closed: stop reached
Trade initiated when 15 minute candle broke 46760 resistance but could not reached 47000 target and trade closed near day closing price of 46850 level. Nearly 90 points profit.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Request for follow on X @rkmaurya_ra
Disclaimer
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