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vigneshwaraj

Banknifty sell 25300 call @ 80 & Buy 26300 call @ 16

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Nifty Bank Index (NSE:BANKNIFTY)  
vigneshwaraj  
NSE:BANKNIFTY   Nifty Bank Index
Technical Indicators Trend Analysis options-strategy optionsstrategies optionselling hedgingwithoptions
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indicator trendanalysis options-strategy optionsstrategies optionselling hedgingwithoptions
Moving average crossover and violation of nreaby support confirms the bearishness. Expecting the bank index to expire below 25300 next week. Recommend to sell 25300 call @80 & Buy 26300 call @ 16 of 05Nov2020 contract.
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