Nifty Bank Index
Long
Updated

BUY BANKNIFTY 52200 JAN CE @ 590 - 600 | BANKNIFTY LONG TRADE

BANKNIFTY 52200 CE JAN EXP
BANKNIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS

Hi Traders,

The BankNifty is currently trading near support zone, and we anticipate upmove around these levels. We recommend considering the purchase of the 52200 CE (Call Option) with a January expiry in the price range of 590–600.

Target levels are set at 680 and 780, with a stop-loss (SL) placed at 540.

Regards,
OptionsDaddy Research Team
Trade active
The price has reached our buy level.
Note
This is a counter trade; execute with half or less of the quantity used in the morning PE trade.
Trade closed manually
Exit at 615 due to lack of movement.

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