Nifty Bank IndexUpdated

BankNIFTY ThetaXE System - Weekly Expiry Strategy (1 Lot)

BankNIFTY is likely to consolidate with results anticipation from HDFC Bank and the weak market sentiment.

Sell 27300 CE at 56.25

Initial Credit = 56.25

We'll make full 2250 INR on 65000 INR deployed if our trade goes right and ends below 27300

Upper Breakeven = 27356.25

There will be nasty shifts of breakevens if BankNIFTY moves rapidly. Please keep an eye here or in the forum for fastest updates.
Trade closed: stop reached
Closed at 80. Loss of 33.75

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