BUY BANKNIFTY 53000 DEC PE @ 400 - 410 | BANKNIFTY SHORT TRADEBANKNIFTY 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
Bankniftyoptionbuying
Bank Nifty Podcast 13 Sep 2024There were three setups available, out of which two setups were taken based on Option Chain Data.
Setup #2 - Stoploss Hit, although the Changing in OI data was positive and all the four departments were "Bullish".
Setup #3 - I was ready to take another trade on CE side, due to data being highly positive.
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Notes:
- Taking trade without data is risky, as even with 50% risk the stoploss increases the loss as equal as taking 100% complete trade. So I would always avoid such trade and hold my nerves to avoid FOMO of getting into any such trades.
Bank Nifty Index: Will 48600 Level Hold for Weekly expiry?Today, on the 9th of April 2024, the Bank Nifty Index displayed notable price movements, reaching an intraday high of 48960.75 and a low of 48621.85. This suggests that the 48600 level is serving as a robust support. However, the crucial question remains: will this level maintain its strength leading up to tomorrow's weekly expiry (10th of April 2024)?
To delve into this inquiry, we must scrutinize the 48600 put option. As of the time of writing this post, the put option reached an intraday high of 206.40 and a low of 62.60. Notably, as long as this put option remains above 6.60, its probability of expiring in the money remains significantly high. Conversely, if it drops below 6.60, the likelihood of expiring in the money diminishes close to zero.
In conclusion, the analysis of the 48600 put option sheds light on the potential stability of the 48600 level as a support going into the Bank Nifty Index options weekly expiry tomorrow.
BANK NIFTY WEEKLY BREAOUT ANALYSIS : SWING TRADE OPPORTUNITYBreakout in BANK NIFTY:
Interms of Option Buying one can plan to buy and hold BANKNIFTY SEP 47000 CE which is as of today i.e 17-09-2023 trading at just 108.35 cost : Rs.1625.25.
Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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BANK NIFTY ANALYSIS FOR 8TH MAY FOR EDUCATIONAL
If bank nifty sustain the level of 42500 then 42750-42850-42950-43050
If bank nifty break down the support level of 42500, then bank nifty 42400-42300-42200-42100
America adage in Wall Street
Bull make money, Bear make Money, Pig get slaughtered(A retail investor)
This video is for educational purpose and my personal view .Kindly take the trade according to your risk and reward position and consulting your advisor.
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Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view
Please consult your Financial Advisor before making any trading decision.
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Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view
Please consult your Financial Advisor before making any trading decision.
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Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 13th Feb 2023NiftyBank Futures Key Trading Levels for 13th Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 8th Feb 2023NiftyBank Futures Key Trading Levels for 8th Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 7th Feb 2023NiftyBank Futures Key Trading Levels for 7th Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 3rd Feb 2023NiftyBank Futures Key Trading Levels for 3rd Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 2nd Feb 2023NiftyBank Futures Key Trading Levels for 2nd Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
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Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 31st Jan 2023NiftyBank Futures Key Trading Levels for 31st Jan 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 30th Jan 2023NiftyBank Futures Key Trading Levels for 30th Jan 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 27th Jan 2023NiftyBank Futures Key Trading Levels for 27th Jan 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 25th Jan 2023_Expiry NiftyBank Futures Key Trading Levels for 25th Jan 2023_Expiry Tradesetup
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.