Expiry Day Special | Banknifty Hero & Zero Trade

Banknifty looking bullish on chart and also all the indicator showing bullish signal, Price is above VWAP, EMA 200-D, MACD is also giving positive crossover..and Bank nifty has strong support zone 42400-42550 and so this could be a buy for the target of 43200+, Right now it is trading at 42810. keep stop loss at 42550 and add more if you get levels around 42700. Today is expiry day so i will suggest you all to trade in only (in the money) option strike as option decay will eat all premium if market will not move above your strike price.

For option lover Hero||Zero Trade.

For option sale:- sale 42900 Put at 130
and hedge (Buy)with 42600 put at 20
Stop loss 42900 put 230
As market expiry we are expecting 43000 above so these 2 strike premium will become zero. So highest profit we will get 110 points per lot in this trade.

For option buying Naked option:-

Buy 42900 Call option right now trading at 57 Buy in 3 times 1st lot now and 2nd buy 50 and 3rd buy 38 if you get.
This is purely hero zero trade so no stop loss but trade in less qty chances are high we will exit in profits only

Please trade in less qty, today is expiry day so if market will not behave according to our analyse then losses can be very high that is why your qty should be very less.

If you guy's like my work, then please do not forget to like, follow and comment.
Thankyou:-))

Trade closed: target reached:

Awesome we have reached towards first target bank nifty have made high 43043 we have eaten 200 points in it.

and option trade we have made 42900 put made 0 means we have eaten all the premium, i had told you to write that option at 130 and now it is 0....got 130 points here and hedge position also become 0 from 20 levels means we have almost eaten 110 points in it...awesome trde.

for naked buying option 42900 call option made high 148 means we have eaten here also almost 85+ points...right now it is at 99...hope everyone have made a handsome day,,well i have also made handsome profit today. it was really awesome day today.

Guy's again if you liked and made profit then please do not forget to like, follow and comment.,
Thankyou:-)) Happy trading