Long

Buy Bank Nifty BTST||Hero & Zero| Expiry Special

Updated

Bank nifty taken support at 43400-43500 level. This is the strong support zone as price already move upwards earlier, and here 200D ema plotted, so this is the indication of price reversal. MACD is also going to form a bullish crossover very soon. RSI already given a bullish crossover. For intraday purpose VWAP also supporting. All these indication of sharp recovery, Well 43400-43500 is Brake and make levels, so if banknifty will break for below then 43200 levels we will see today only,,but if sustain then Today we can see fire works in bank nifty if this cross and sustain 43700 levels, as maximum call writing at 43700 levels. so whenever banknifty will start trading above 43700 then all call writer will come to cover there orders. I am expecting a sharp move above 43700. Right now bank nifty trading at 43530. So if anyone wants to go long can go with given levels. Please follow strict stop loss., as today is expiry day.

For hero zero i have a trade.
Buy banknifty 25th may 43700 call option trading at18 now.
No stop loss as this is purely hero zero trade.(trade with less qty)

As i discussed today we can see fireworks above 43700 above if banknifty sustain. so our target can reach 300+ yes i am saying right but banknifty should sustain above 43700 levels before 3pm,,chances are high.

But still keep target in mind for this call option first 55/85/150/250/325++

Note:- If banknifty will not cross 43700 levels then this call option will become zero and you will get losses so trade accordingly. Or trade in next week expiry it's up to you.
please guy's support me by like, and follow me.
Thankyou:-))
Happy trading and have a profitable day.

Note

Seems market will broke it's support zone,,,if this is happening please avoid trade and book losses

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or do one thing buy 43300 put option at 30 now

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target we can see 75/95/125+

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Awesome market taken support now it has made high 43580

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stop loss did not get hit so trade is active only hero zero call is not giving profits,,but if banknifty will cross 43700 levels then definitely our hero zero call will also give profits.

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Now Please update stop loss at 43475...keep using trailing stop loss

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buy 43600 call option,,,right now it is trading at 40

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Buy Fast target we can see 75/100+

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Awesome now 91

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43700 Ce option also came at our 30 now

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slowly start booking profits.

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Awesome awesome kya bola tha buy kro kro kro
now 140

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behatreen trade we have eaten almost 100 points in 43600 call,,made high 149 our buying range was 40

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yaaaar ab to like kro profits ban rhe hain tab bhi
follow bhi kro
thankyou

Note

Han ji kya bola tha,,,All Target done banknifty made high 44067 almost eaten 500 points

Trade closed: target reached

TraderRahulPal

Rahul Pal (Indian Moderator)
(Full Time Trader & Investor)

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