Trade Set up

4 Jun 202135610.85 is the level above it bank nifty is bullish. Look for the index taking support at it if comes down then you can go long. The Only problem for upside movement is that trend line resistance, Banknift has space to move up. In this case, the best is to sell puts and take a hedged future position with long bias. If you are buying calls keep quantity low and SL of 50 percent. Keep a target of at least 400 points in the upside direction.

4 Jun 2021

Komentar

Till now no support taken at the level hence no trigger.