Harmonicstrader

Banknifty 04 Jan 22 analysis

Long
NSE:BANKNIFTY   Nifty Bank Index
Hello traders,
1. Any dip towards 36100 is a buying opportunity with a sl of 35950, for a target of 36800.
2.Nothing much to explain more today. Because target is 36800, if opens gapup then don't chase the gap.
3. If opens flat , then after crossing today's high buy CE option with 40 point sl in Just out of the money call. If sl hits then wait for the dip towards 36100.

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