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BTST IN BANKNIFTY INDEX JAN (FUT/OPT)

Long
NSE:BANKNIFTY   Nifty Bank Index
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
STOP@57
TARGET@120
LOT:20
QTY:25
Trade active:
!!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"
Comment:
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!!

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