Futureandoption
Expiry Day special Fin Nifty Hero Zero TradeFinance Nifty, nifty and banknifty and all other indian indices all are trading bullish since yesterday. FInance nifty has given breakout of previous levels. Now price and action indicating a sharp move towards 19200+. MACD and RSI also giving bullish crossover, EMA 200-D also below our current price all are giving a bullish signal. As per expiry point of view we can expect a huge upside moment in second half.
Highest call open interest seen at 19100 levels and 19050 levels. once fin nifty going to give crossover of these levels we can see a huge short covering and this momentum can lead towards 19200+ levels. Let's see what is going to happen we will update according to price moment.
For Hero|Zero Trade:-
Buy 19050 Ce for today expiry trading at now 16.9
Target we can see 40/55/75/95+
no stop loss this is purely hero zero trade.
trade in less qty. this will only increase when finnifty is getting sustain above 19050 levels as these levels are little barrier for today.
if these levels got successfully cross on chart then we can see this call option towards 70+ levels.
Please trade in less qty as risk is higher in this trade but if it is gonna to work according to our analysis this is going to give huge rewards.
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Thankyou:-))
Banknifty Possible Trades on Monday Banknifty Possible Support and Resistance for Monday
Banknifty Support & Resistance Zones for Friday
Banknifty Support Zones for Monday
First Support Zone For Banknifty – 43495 - 43516
Second Support Zone For Banknifty – 43390 - 43410
Third Support Zone For Banknifty – 43255 - 43275
Banknifty Resistance Zones for Monday
First Resistance Zone For Banknifty – 43704 - 43678
Second Resistance Zone For Banknifty – 43820 - 43807 ( Banknifty New all time High)
IMP signals by Banknifty Data Analysis
Max Pain As per Option Chain Analysis – 43500
PCR ratio as per Option Chain Analysis – 0.91 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 43500 /43000
Major Resistance as Per Banknifty Open Interest Analysis – 4350/ 43700