BankNifty 12th Sep 2018 Expiry

Bank Nifty is the biggest roller coaster in INDIA at present, after weekly expiry, it has no competition in our country

I need to pinch myself what I had written and what has happened! That’s for another day, let me have my strategy for tomorrow expiry day

Bank Nifty has crashed to 26802 on Tuesday,  the very important Support  Levels is 26770 to 26660 to 26510!

Resistance is 26860,26980,27060,27100-27180,27220,27290,27330,27410

US MARKETS ARE IN POSITIVE AS I write these, ASIAN MARKETS and European markets will determine how markets open tomorrow, Crude and USINR will guide how markets carry forward!

Call Options which I am tracking is 26700, 26800  and if markets gaps up and plays positive will look into 26900 & 27000

Put Options am tracking is 27000 & 26800 for tomorrow

Seriously tough to trade on put side tomorrow, if need to trade will trade on 27000 options

Below 60 by 2-3 pm game over for bears at 27000

Above 60 by 2-3 pm, may reach up to 230,270,340,380,420 !

Trade above 20 by 2-3.05 pm may close near 60

Trade below 20 by 3.05pm “o”

Call Options 27000

Above 60 by 2-3pm, upwards up to 200

Below 60 by 2-3.05 pm “o”

Probable expiry number!

IF markets are not too bullish, we may expiry around 27020 levels

IF markets ARE too bullish expiry around 27180-27220

If markets are sideways -26860

If markets are negative 26660-26540!

Most Probable can be identified depending upon currency movements and global markets

All the Best! Tradeless with savings money

Sagar U.S

 

 

 

 

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