BTST IN BANKNIFTY INDEX JAN FUT/OPT BUY ON DIPS RESISTANCE-TURNED-SUPPORT CASH MARKET LEVELS SUPPORT@27420 !!PLEASE ADJUST FOR FUTURE LEVELS!! RESISTANCE 27730 BUY 17TH JAN 27900 CE BUY 80 STOP57 TARGET@120 LOT:20 QTY:25
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!!PLEASE NOTE WE CAN EXPECTED HUGE SHORT COVERING IN THE LAST 30-MINS DUE TO TRADERS SHORTING AT HIGHER LEVELS!! !!BANKNIFTY COULD EASILY END AT HIGHER LEVELS AND GIVE A "HIGH=CLOSE"
Note
As expected gave a higher close and trapped the bears tomorrow might be the last round of banknifty upside rally so suggest profit booking on hitting new highs around 27875 mark!!
TRADERSMOJO TELEGRAM CHANNEL *future calls *option trading (buying) *index trading (options and futures) *index update and oi analysis t.me/tradersmojo
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