PowerTrades

Banknifty Expiry Trading Simplified

NSE:BANKNIFTY1!   BANKNIFTY INDEX FUTURES
Hi, having a good trade thesis is half the job done , rest is observation and execution.
Lets make the trade plan simple for the expiry. Key reference at 23800F . Bullish on hold above and bearish on hold below
Hold of 23800F we will sell PE's and hold below that we will sell CE's
The fact that maxpain is at 23800 also makes it interesting.
Comment:
There we go , we finally have the reactions of those levels. Nice market move once we failed to hold that zone.
the overnight US markets correction was an acceleraor for sure

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