Buy Bank Nifty Intraday Levels

Bank nifty have strong support zone between 41400-41475,,this will act for entire week..if i talk about today's support for long bank nifty that would be 41600 somewhere, as all banking stocks looking bullish, i am expecting a move towards 41100+,,but if you will buy from down level around 42700-42800 will be good entry for intraday purpose..but if anyone can see some down level and accumulate at there he or she can start buying from here, right now bank nifty is trading at 41837. So take trade and keep stop loss around 41550 and go for target 42000/42100/42200+,,today is expiry day so if anyone wants to take a hero zero trade wait for 1pm i will update.
Today is expiry day option buying could be risky so try to trade in next week expiry or buy deep in the money option for current expiry.
Well if anyone loves option writing i can give best strategy and personally i also do option writing and holding one position in bank nifty with hedging.

Sell BANKNIFTY 16FEB 42000 PE 182 (stop loss 282)
Hedge with
Buy BANKNIFTY 16FEB 42000 PE 39 (No stop loss)

As i am expecting moves in bank nifty we can see both put option will become zero or somewhere near by 0...so do it and hold it..Please trade carefully with given level. follow strict stop loss.

guy's if you really like my effort please do not forget to hit like and comment and Please follow me for more new daily updates on bank nifty and nifty and other stocks.
Thankyou.

Comment:

Bank nifty trade got activated from level given in description..bank nifty made low 41748,,buy activated..now wait for target 41900/42000/42200+ level or stop loss 41550. Chances are high we will reach our target today.

Comment:

Hero Zero trade buy 41500 pe at 30 now
and buy 41900 ce at 32 now

and hold till 3:15 pm
either side move will give you huge return

Trade closed: stop reached:

today everything goes against to us...stop loss got hit
Thankyou