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cvsk123
Jan 31, 2022 7:24 PM

Bank Nifty Analysis 1st Feb 

NSE:BANKNIFTY60
Nifty Bank IndexNSE

Description

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BANK NIFTY
ATM Straddle 38000 CMP is 1425

The long straddle is not a good idea. bcz it has to move 4% for break-even and one day to expiry

As per the chart, NSE:BANKNIFTY has to close decisively above 38400 for 38800 and 39400 Levels, it has to close below 37600 for 37200 and 36600 levels.
Trend AnalysisChart PatternsBANKNIFTYbankniftylevels
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