BankNifty Daily Levels Update For Option Day Trading

18 Sep 2022

Banknifty Possible Trade in Option Day Trading

Up Side First Possible Trade in Banknifty 




Trade Entry –

On Monday  If   Banknifty Sustain above Support  Zone  ( 40550 – 40588 )  You Can Buy  40600  ATM CALL Option

Trade Target –
Banknifty  Upside First Target  is   40800
Banknifty  Upside First Target  is   41000

Trade Stoploss –
In Banknifty Chart if Any 30 min candle Close Below Support   40550    then Exit from Trade  or max . 30/40  Points Stoploss .


Down  Side Possible Trade in Banknifty

Trade Entry –
Banknifty  Open Below but Near Resistance   Zone ( 40550 – 40588 )

You Can Buy 40600  ATM PUT Option near Resistance  Zone  .

Trade Target –
Banknifty  Downside First Target  is 40300

Banknifty  Downside  Second Target  is  39900

Banknifty DonSide Thrid Taarget -  39670

Trade Stoploss –

In Banknifty Chart if Any 30 min candle Close Above Resistance  40588 then Exit from Trade  or max . 25/30  Points