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BankNifty Daily Levels Update For Option Day Trading

Long
NSE:BANKNIFTY   Nifty Bank Index
End of Day Banknifty Chart Analysis with Support & Resistance for Day Option Trading

Niftybank Possible Trade for Tomorrow

When to Buy Call Option in Niftybank –

Trade Entry – If Niftybank Sustain Above Support (32550 ) You Can Buy ATM call Option –
Trade Target – For upside First Target for Niftybank  is 33000  and Second Target is 33230
Trade Stoploss – If any 30 min candle Closes Below 32480  or max .35 Points

When to Buy Put Option in Niftybank –

Trade Entry – If Niftybank  Sustain below 32480  or Closes any one Hour Candle below 32480
Trade Target – For Down side Tomorrow First Target for Niftybank  is 32050
Trade Stoploss – If any 30 min candle Closes Below 32550 or max . 35 Points –

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