bidhunajitendra

Bank nifty for 01 july 2021

NSE:BANKNIFTY   Nifty Bank Index
If price opens gap up then 35930 is the strong resistance. It is very hard to sustain there. There is a possibility to fall . So we can buy put here for the levels shown.
If the market opens gap down somewhere or near about 34550 -34500 wait for sometime. If market is wasting time at 34500 - 34550 buy call option .

Red lines on the chart shows the level for the possibility of fall in price.
Green zone is no trading zone - if takes support of green zone then buy call option.





note - The above information given is only my point of view for the market . I am not recomminding anyone to take trade as i am suggesting. I am only predicting the market for tomorrow. Prediction can be wrong . So trade on your own risk. Thank you.

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