AS Per Day Candle Time Frame Bank Nifty Show Bullish Like Market Get Support And Nearby High is 44700 Market Ready To Break this Because one Bullish Candel Make In Day time Frame And For 15 Mint Time Frame We Saw a Big Support Zone In the Market 44100 and 44000 Market. For tomorrow if the Market shows Positiveness then Like Break 44700 then We Can Plan For a...
KotakBank is trading near 1769 with highest put writing @ 1760. HDFCBank is trading near 1567 with highest put writing @ 1560. As long as this 2 banks dont close below 1760 & 1560 respectively on min 30 TF there are chances of Banknifty + 2 banks bouncing back from here. Can buy Kotakbank 1760 CE & Hdfcbank 1560 CE. Stoploss 30 min TF candle closing below 1760 & 1560.
Banknifty has given a breakout of cup and handle pattern above 35100, and is capable to reach 35400 and above levels. Also both RSI and MACD is supporting the move. Option data is extremely bullish and could witness short covering.