For 28July BankNifty Levels Update For Day Trading with Target
Tomorrow Up Side Possible Trade in Banknifty
Trade Entry –
If Banknifty Open gap up Above Resistance Zone and Sustain above it (36928 – 36895) You Can Buy ATM CALL Option (37000 CALL)
Trade Target –
Banknifty Upside First Target is 37200
Banknifty Second Target is 37300
Banknifty Third Target is 37400
Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36895 then Exit from Trade or max . 30/35 Points Stoploss .
Tomorrow Up Side Second Possible Trade in Banknifty
Trade Entry –
If Banknifty Open gap Down but Above Support Zone and Sustain above it (36475 – 36531) You Can Buy ATM CALL Option (36500 CALL)
Trade Target
Banknifty Upside First Target is 36788
Banknifty Second Target is 36920
Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36475 then Exit from Trade or max . 30/35 Points Stoploss .
Tomorrow Up Side Third Possible Trade in Banknifty
Trade Entry –
If Banknifty Open gap Down but Above Support Zone and Sustain above it (36285 – 36332) You Can Buy ATM CALL Option (36300 CALL)
Trade Target
Banknifty Upside First Target is 36531
Banknifty Second Target is 36788
Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36285 then Exit from Trade or max . 30/35 Points Stoploss .
First Down Side Possible Trade in Banknifty
Trade Entry –
If Banknifty Open Gap up Tommorw But Sustain below Resistance Zone (36928 – 36895) You Can Buy ATM PUT Option (37000 PUT)
Trade Target –
Banknifty Downside First Target is 36531
Banknifty Second Target 36331 if any one Hour Candle closes below 36531
Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 36928 then Exit from Trade or max . 30/35 Points Stoploss .
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