BUY BANKNIFTY 50500 JAN PE @ 370 - 380 | BANKNIFTY SHORT TRADE
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.