Nifty Bank IndexShort
BUY BANKNIFTY 50500 JAN PE @ 370 - 380 | BANKNIFTY SHORT TRADE
Updated
BANKNIFTY 505000 PE JAN EXP
BANKNIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
The BankNifty is currently trading near a key resistance zone, where selling pressure has been observed at higher levels. We recommend considering the purchase of the 50500 PE (Put Option) with a January expiry in the price range of 370–380. If prices decline, additional quantity can be added between 300–310. Target levels are set at 480 and 540, with a stop-loss (SL) placed at 280.
Regards,
OptionsDaddy Research Team
BANKNIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
The BankNifty is currently trading near a key resistance zone, where selling pressure has been observed at higher levels. We recommend considering the purchase of the 50500 PE (Put Option) with a January expiry in the price range of 370–380. If prices decline, additional quantity can be added between 300–310. Target levels are set at 480 and 540, with a stop-loss (SL) placed at 280.
Regards,
OptionsDaddy Research Team
Trade active
Reached to 454. Consider booking partial profits to secure gains.Trade closed: target reached
BankNifty 50500 PE has reached to our 1st target.Note
Reached a high of 534 and is now nearing our final target.Note
BankNifty 50500 PE has successfully hit both target levels.
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