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Chethan333

Banknifty is at consolidation phase

Nifty Bank Index (NSE:BANKNIFTY)  
Chethan333  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns
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Bank nifty closed at 48200 .Due to Parliment elections ,market is so volatile but not going anywhere.

for next two days 48500 and 48000 are crucial levels .only we can expect 400 points rally after breaking 48500 or below 48000.

so short strangle is the best option of 48500 call and 48000 put .
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