Nifty Bank Index
Short
Updated

BUY BANKNIFTY 53000 DEC PE @ 400 - 410 | BANKNIFTY SHORT TRADE

313
BANKNIFTY 53000 PE DEC EXP
BANKNIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS

Hi Traders,

The BankNifty is trading in a range and has been experiencing selling pressure at higher levels over the past 2 sessions. Consider buying the 53000 PE (Put Option) with a December expiry at a price range of 400 - 410. Target levels are set at 480, 540, and 640 with SL @ 340.

Regards,
OptionsDaddy Research Team
Trade closed: stop reached

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