51500 26th June Sell at 67, Bank NiftyNaked option sell , strike 51500, expiry 26 June, selling price 67.
Latest high was 51300, cmp is 50300, selling a 1200 point away call without hedge.
This is a naked sell, for a hedged trade, look at the other post put today.
Making the best of todays upward movement, this is a perfect time to short, as i dont see much steam left, but thats my opinion and markets are unpredictable.
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Bankniftycall
Bank Nifty future chart analysis for 02-08-2023Price again closed near median line , there is high chance that price will not move properly.
but if goes down below 45618, then you may see a burst and a good downside move.
Special level is 45673, below it price may go down much lower.
if price goes above 45856, then it may easily reach to the level of 46007, 46007 is a super
strong resistance , price may go down heavily from here. but if it crosses above 46007,
and stay s above it for few minutes than you may see a new upmove.