BANK NIFTY - CUP AND HANDLE BULLISH PATTERN
Bank Nifty - C & H pattern formation observed.
CMP 27842
Possible target 27840 + (27480-24430)/2 = 29365,
Stop 27000.
Possible trading strategies :
1) Protective Put (Futures + Put option)
2) Spread strategies (Long ATM call + short OTM call)
CMP 27842
Possible target 27840 + (27480-24430)/2 = 29365,
Stop 27000.
Possible trading strategies :
1) Protective Put (Futures + Put option)
2) Spread strategies (Long ATM call + short OTM call)
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