27 july BankNifty Daily Levels Update For Option Day Trading

Jul 26, 2022

27 july BankNifty Daily Levels Update For Option Day Trading

Tomorrow  Up Side Possible Trade in Banknifty
Trade Entry –
If Banknifty Sustain above Support Zone   (36285 – 36332)   You Can Buy ATM CALL Option    (36300 CALL)

Trade Target –
Banknifty  Upside First Target  is  36532 & If Closes Above 36532 in Any One Hour Candle  Then Second Target of 36790 is Possible and Third Target is 36928

Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36285  then Exit from Trade  or max . 30/35  Points Stoploss .


First  Down  Side Possible Trade in Banknifty  - If Banknifty Open Gap up Tommorw
Trade Entry –
If Banknifty Sustain below  Resistance Zone   (36580 – 36540)  You Can Buy ATM PUT Option    (36600 PUT)

Trade Target –
Banknifty  Downside First Target  is  36290   &  Second Target 36150 if any one Hour Candle closes below 36150  Then Third Target 35950 is possible

Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36580  then Exit from Trade  or max . 30/35  Points Stoploss .

Second Down  Side Possible Trade in Banknifty

Trade Entry –
If Banknifty Sustain below  Resistance Zone   (36285 – 36332)  You Can Buy ATM PUT Option  (36300 )

Trade Target –
Banknifty  Downside First Target  is  36950   &  Second Target 35750

Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36332 then Exit from Trade  or max . 30/35  Points Stoploss .