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estockmarket

Bank nifty Outlook

Long
Nifty Bank Index (NSE:BANKNIFTY)  
estockmarket Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis
2
0
trendanalysis
Long entry 27560-650 target 27960-28650-29166 stop loss 26972

Positional Levels are:
26972 27092 27676 27960 28245 28650 29166 29822 30165 30657


Cheers!
Comment:
As per market situation, indicate use mostly trapped by big trader (In a Range bound) resistance range breakout 27530-650
Today market for only experience traders, freshers should be ignore day trading.

If an extraordinary budget then market will give us best return, instead a good down side return.

Who take pure risk of 5000-7000 with hedging Buy 26500 Put and 28500 Call, expected return 25000-56000.
Mostly range trading, more chances for trap...

Risk is your choice no recommendation.

Cheers!
Comment:
Required Call put buy at same time. When hold 27530 15-30 mints.
Comment:
Very beautifully trapped by big trader, who have next expiry Call put option 26500 and 28500 with risk 5000-7000 received excellent profit..

Now exit might be possible premium will decrease.
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