bidhunajitendra

Bank nifty for 01 july 2021

NSE:BANKNIFTY   Nifty Bank Index
If price opens gap up then 35930 is the strong resistance. It is very hard to sustain there. There is a possibility to fall . So we can buy put here for the levels shown.
If the market opens gap down somewhere or near about 34550 -34500 wait for sometime. If market is wasting time at 34500 - 34550 buy call option .

Red lines on the chart shows the level for the possibility of fall in price.
Green zone is no trading zone - if takes support of green zone then buy call option.





note - The above information given is only my point of view for the market . I am not recomminding anyone to take trade as i am suggesting. I am only predicting the market for tomorrow. Prediction can be wrong . So trade on your own risk. Thank you.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.