Bank nifty have taken support at day's low, and this is the best entry point to go long from here. MACD Is also giving proper bullish crossover and RSI also showing relative strength. Chances are high for price reversal from here. So go long with given levels. As today is expiry day market will be very very volatile so please trade carefully and use proper stop loss in all kind of trading.
Hero Zero Trade option buyer:-
buy bank nify may 44000 Ce at 75 and go for the target of 150/200/250
keep stop loss at 35.
For option writer:-
Sale banknifty may 18th 44100 pe at 127
keep stop loss at 227
and hedge with
Buy bank nifty may 18th 43800 pe at 18
Please Like, follow and comment. Thankyou
Hero Zero Trade option buyer:-
buy bank nify may 44000 Ce at 75 and go for the target of 150/200/250
keep stop loss at 35.
For option writer:-
Sale banknifty may 18th 44100 pe at 127
keep stop loss at 227
and hedge with
Buy bank nifty may 18th 43800 pe at 18
Please Like, follow and comment. Thankyou
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