27 july BankNifty Daily Levels Update For Option Day Trading
Tomorrow Up Side Possible Trade in Banknifty
Trade Entry –
If Banknifty Sustain above Support Zone (36285 – 36332) You Can Buy ATM CALL Option (36300 CALL)
Trade Target –
Banknifty Upside First Target is 36532 & If Closes Above 36532 in Any One Hour Candle Then Second Target of 36790 is Possible and Third Target is 36928
Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36285 then Exit from Trade or max . 30/35 Points Stoploss .
First Down Side Possible Trade in Banknifty - If Banknifty Open Gap up Tommorw
Trade Entry –
If Banknifty Sustain below Resistance Zone (36580 – 36540) You Can Buy ATM PUT Option (36600 PUT)
Trade Target –
Banknifty Downside First Target is 36290 & Second Target 36150 if any one Hour Candle closes below 36150 Then Third Target 35950 is possible
Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36580 then Exit from Trade or max . 30/35 Points Stoploss .
Second Down Side Possible Trade in Banknifty
Trade Entry –
If Banknifty Sustain below Resistance Zone (36285 – 36332) You Can Buy ATM PUT Option (36300 )
Trade Target –
Banknifty Downside First Target is 36950 & Second Target 35750
Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36332 then Exit from Trade or max . 30/35 Points Stoploss .
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