Demand Zone:- 20900 - 21350 ( Demand Zone ) 20700 - 20900 (Very Strong Demand Zone )
Supply Zone:- 22000 - 22450 (Strong Supply Zone )
Bank Nifty having multiple Strong Demand Zones on the downside and multiple Strong Supply Zones on the upside. In this situation I will only trade in option buying when I will see the swing in Bank Nifty
I will share my BNF option buying trades in this post. Follow this post if u want the notification of my trades.
Brought BNF 22,200CE @ 350 (July 2nd expiry)
Is it safe to hold on Monday ?
If yes when I have to book profit ? Please suggest me the target levels..
If no when I have to exit ? Please suggest me the Stoploss levels...
Please advise me.
Swapilchoksi
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@subhashsurabhi, This call will be safe if BNF will sustain above 21800-22000. If BNf will fail to sustain above this zone then next support @ 20700-21000.
Is it safe to hold on Monday ?
If yes when I have to book profit ? Please suggest me the target levels..
If no when I have to exit ? Please suggest me the Stoploss levels...
Please advise me.