TradZoo

Banknifty PE & CE Buy Levels (06/07/2020)

TradZoo Updated   
NSE:BANKNIFTY   Nifty Bank Index
Banknifty trend is still on the bullish side. Banknifty will take next resistance at 22350 if this break we will see banknifty move towards 22500+. We will see a big fall if banknifty break the support trend line minimum 200-300 point downfall will get after the breakdown of support trend line. Today's market trend is positive side but still, we will find PE options positions at the resistance level.
Comment:
First PE option Trade Initiated near resistance level 22350
Banknifty 22000PE @240
1st Target Done of 270

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