Nifty Bank IndexShort
Bank Nifty Levels for Monday 23/10/2023
Note : Overall sentiments are bearish and we may see gap down opening
It May open between 43600 & 43500 and then may try to go to fill the gaps
Put Side
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Good time to take the trade will be when price goes below 43417.33, wait for the candle to be formed below this level and second candle's high < the previous candle high. Buy ATM put option for the target of 43265
Call Side
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If Trend reverses the buy ATM Call option only after price goes above 43850.52 for the target of 44185.77. Remember to keep booking profits on the buy side or trail
Disclaimer : All the predictions are solely based on the self analysis and will not be responsible for any losses you make. Treat this as a learning purpose or do Paper Trading to see the outcome of the Analysis
It May open between 43600 & 43500 and then may try to go to fill the gaps
Put Side
-----------
Good time to take the trade will be when price goes below 43417.33, wait for the candle to be formed below this level and second candle's high < the previous candle high. Buy ATM put option for the target of 43265
Call Side
-----------
If Trend reverses the buy ATM Call option only after price goes above 43850.52 for the target of 44185.77. Remember to keep booking profits on the buy side or trail
Disclaimer : All the predictions are solely based on the self analysis and will not be responsible for any losses you make. Treat this as a learning purpose or do Paper Trading to see the outcome of the Analysis
For more such kinds of Analysis Join us at superprofile.bio/vig/6698200c5e2e1c0013b4ebd3
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Telegram : t.me/+ufWRcil6oFtlOWE1 (Free)
Profile : superprofile.bio/magicallevels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
For more such kinds of Analysis Join us at superprofile.bio/vig/6698200c5e2e1c0013b4ebd3
Telegram : t.me/+ufWRcil6oFtlOWE1 (Free)
Profile : superprofile.bio/magicallevels
Telegram : t.me/+ufWRcil6oFtlOWE1 (Free)
Profile : superprofile.bio/magicallevels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.