Swapilchoksi

BANK NIFTY: My Trading Plan

Education
Swapilchoksi Updated   
NSE:BANKNIFTY   Nifty Bank Index
Hello,
Bank Nifty may be stronger then Nifty in coming days.

Major Supply Zones @ 31530 and 31750
Minor Demand Zone @ 31070-31150

Let's see on Monday weather it will hold it's minor demand zone or not. If it will manage to hold this level then this demand zone will get more stronger.

Option Writing will be the best strategy instead of Future trading because there are multiple demand zones on the down side and supply zones on the upside.
I will update this post during the Intraday.

Trade Well.
Trade active:
Carry Position: 30500 put sold @ 100. Friday closed @ 50

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.