Bank nifty is currently trading at 34900 to 35800 range. It's on the wave 5 which is the last impulsive stage for july and August. Right after that Downtrend market will start.
In intermediate term, i.e before September, the market can reach 40000 to 42000.
In short term, If the market ends up 35450 you can see a breakout and can reach till 36200 till the expiry.
You can go for montly option to be on the safe side.
Happy trading.
In intermediate term, i.e before September, the market can reach 40000 to 42000.
In short term, If the market ends up 35450 you can see a breakout and can reach till 36200 till the expiry.
You can go for montly option to be on the safe side.
Happy trading.