Short Banknifty for intraday to btst. 05/07/2024

Jul 5

Guy's Banknifty looking highly bearish from current levels. HDFC BANK is culprit for this so i have bearish trade in banknifty. You can participate by taking an option trade or shorting future trade with strict stop loss.

1st let's buy banknifty option 10th july 52700 pe now trading at 395
keep stop loss at 325
Targets will be 460/516/575++
Disclaimer:- I have given same trades to my clients.

future trade:- Short 1 lot Banknifty Future now at 52727
Stop loss 53022
Targets 52567/52450/52325--
take one lot 52800 ce now at 267 (hedging banknifty strategy)

Please go with less qty only.. max 3-5 lots will be good in option trade for better results.
Please follow strict stop loss and Targets in this trade.

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.

Jul 5

Note

Banknifty 52700 pe reached our 1st target...made high 476 Awesome, enjoy guy's
Don't forget to give like if you made something from this...
future trade also made low 52568, just 1 point away from our 1st Target...
enjoy this super trade...

Jul 5

Note

Banknifty future made low at 52564, means we have achieved out 1st Target it it...

Jul 5

Note

I think bhuchal is going to come anytime in it,, i am expecting sharpe downfall init.. let's see if it is coming today

Jul 5

Note

banknifty put trade have made high 500