Bank Nifty Chart Analysis for Budget Day and Net Month
Bank Nifty has formed a **Head & Shoulder pattern** and has already given a **breakdown** 📉. Now, the key focus will be on whether the pattern **succeeds or fails**, which will determine the upcoming market direction. Be prepared for **both possibilities** in the trading sessions following the Budget announcement.
🔹 **Best Trading Opportunity**:
To take advantage of the volatility on Budget Day, a **hedged position** can be created using **Call & Put options** near key levels:
📌 **49,950**
📌 **50,500**
💡 If Bank Nifty makes a **one-sided move of 1,500 points**, this strategy can prove to be highly beneficial.
⚠ **Disclaimer**: This is for **educational purposes only** and not financial advice. Trade wisely and manage risk effectively.
Stay updated and trade smart! 🚀📈 #BankNifty #StockMarket #BudgetDay #TradingStrategy #Nifty #OptionsTrading
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