BankNifty Daily Levels Update For Option Day Trading

Tomorrow  Up Side Possible Trade in Banknifty - 

Trade Entry –

If Banknifty Open gap up Above Resistance Zone and Sustain above it   (37393 – 37354)   You Can Buy ATM CALL Option    (37400 CALL)

Trade Target –

Banknifty  Upside First Target  is  37762
Banknifty  Second Target is  37900

Trade Stoploss –

If Banknifty index Any 30 min candle Close Below Support 36895  then Exit from Trade  or max . 30/35  Points Stoploss .




Second Up Side Possible Trade in Banknifty - If Banknifty Open Gap Down

Trade Entry –

If Banknifty Open gap up Above Resistance Zone and Sustain above it   (36956 – 37094)   You Can Buy ATM CALL Option    (37000 CALL)

Trade Target –

Banknifty  Upside First Target  is  37280

Trade Stoploss –

If Banknifty index Any 30 min candle Close Below Support 36956  then Exit from Trade  or max . 30/35  Points Stoploss .




  Down  Side Possible Trade in Banknifty  


Trade Entry –
If Banknifty Open Gap up Tommorw But Sustain below  Resistance Zone   (37393 – 37354)   You Can Buy ATM PUT Option    (37400 PUT)

Trade Target –
Banknifty  Downside First Target  is  37100 
Banknifty Second Target  36850  ( if any one Hour Candle closes below 36956 )

Trade Stoploss –
if Banknifty index Any 30 min candle Close Below Support 37393  then Exit from Trade  or max . 30/35  Points Stoploss .