Bank Nifty Analysis 1st Feb
BANK NIFTY
ATM Straddle 38000 CMP is 1425
The long straddle is not a good idea. bcz it has to move 4% for break-even and one day to expiry
As per the chart,
BANKNIFTY has to close decisively above 38400 for 38800 and 39400 Levels, it has to close below 37600 for 37200 and 36600 levels.
ATM Straddle 38000 CMP is 1425
The long straddle is not a good idea. bcz it has to move 4% for break-even and one day to expiry
As per the chart,
BANKNIFTY has to close decisively above 38400 for 38800 and 39400 Levels, it has to close below 37600 for 37200 and 36600 levels.
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