BankNifty Daily Levels Update For Option Day Trading

Jul 22, 2022

Banknifty Possible Trade in Option Day Trading




UP SIDE POSSIBLE TRADE IN BANKNIFTY 

Tomorrow First Up Side Possible Trade in Banknifty  

Trade Entry – If Banknifty Sustain above Support Zone   (36612 – 36567)   You Can Buy ATM CALL Option    (36600 CALL)
Trade Target – Banknifty  Upside First Target  is  36800  & Second Target 36900 
Trade Stoploss –  If Banknifty index Any 30 min candle Close Below Support 36567  then Exit from Trade  or max . 30/35  Points Stoploss .

Tomorrow Second Up Side Possible Trade in Banknifty  - If Nifty Open Gap Up 

Trade Entry – If Banknifty Sustain above Support Zone   (36928 – 36895)   You Can Buy ATM CALL Option  (36900 CALL)
Trade Target – Banknifty  Upside First Target  is  37124  & Second Target 37300
Trade Stoploss –  If Banknifty index Any 30 min candle Close Below Support 36895  then Exit from Trade  or max . 30/35  Points Stoploss .




DOWN SIDE POSSIBLE TRADE IN BANKNIFTY 

First  Down  Side Possible Trade in Banknifty 
Trade Entry – If Banknifty Sustain below  Resistance Zone   (36928 – 36895)  You Can Buy ATM PUT Option    (36900 PUT)
Trade Target – Banknifty  Downside First Target  is  36612   &  Second Target 36350
Trade Stoploss –  If Banknifty index Any 30 min candle Close Below Support 36928  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    (36612 – 36567) You Can Buy ATM PUT Option    (36600 PUT)
Trade Target – Banknifty  Downside First Target  is  36340   
Trade Stoploss –  If Banknifty index Any 30 min candle Close Below Support 36612  then Exit from Trade  or max . 30/35  Points Stoploss .