Nifty Bank Index
Long
Updated

Buy The Dip Intraday Level (Contra Call)

169
Bnaknifty trading at strong support zone 39450-39600, and it has just taken support from this level and now it is trading at 39675 buy fast this is going to move towards 40300+ buy from now it is alreay came up 39750 still buy and keep stop loss at 39450 and go for target today is best risk and rewards trading setup. again follow strict stop loss because market is very risky these days.

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Note
there is one option trade if anyone wants to do...

Sale 40000 pe at 162
and buy 39700 pe at 58

just hold this till 3pm i am sure these both will become zero. in that case you will earn 104 points profit per lot.

other if anyone wants go naked option then he or she can buy 40300 Ce at 18 now. Again do not go in high qty as this is hero zero call, no stop loss in it. i am expecting this can go above 100 today if market will cross this 40300 level. Well chances are high for today that we will get best closing today.

Trade Carefully.

Thankyou. Again if anyone likes my effort please like, follow, and comment.
Note
Awesome we have made good profit in option sellling today,,both strike price has given good points.
hope everyone have made handsome money,,

and banknifty also have giving points but not reached to our target yet, hold more for targets.
Trade closed: target reached
awesome bank nifty made high 40348 our both targets got done. Hurray

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