BANKNIFTY 52700 PE (29 May 2025 Expiry) – Intraday Options Type: Intraday | Put Option (PE)
Strike: 52700
CMP: ₹635.00Recommended Buy Range: ₹626.00 – ₹631.00
Target Achieved: ₹730.00 ✅
Stop Loss: ₹570.00
Profit Booked: ₹94.35 / +18.45% 🟢
⏱️ Timeframes: 15min & 1H
This was a quick momentum scalp based on:
🔻 Weakness in BankNifty index with rejection near key resistances
📉 Bearish candles on 15min + volume confirmation
🔄 Entry near VWAP zone, breakout of structure support
For Education Purposes Only