Nifty Bank Index
Alış
Güncellendi

Banknifty Trade Setup for 08.06.22 with intraday levels

49
Gap down opening followed by a downtrend but recovery in the last 30 mins.

Expecting a trending day tomorrow in case of a break out or break down as there has been massive option writing in both call and put at 35000. People are playing short straddle at that strike price. There is a possibility

Trading Ideas

Long above 35150
Short below 34890

>>Option buying

Long Position: Buy 35300 CE
Short position: Sell 34900 PE

>>Option Selling

Sell 36000 CE and 34500 PE

Not
Long Position: Buy 35300 CE
Short position: BUY 34900 PE


please ignore the SELL written under short position
Not
Trade worked fine on long side

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.