Bank Nifty 17 to 21 December 2018

Banknifty, is at middle ground for this month , Friday closing price is 26816, would be looking for 26960 to 27060 on upside

26350 to 26150 in downside

It may be in a range for next few days or till expiry, I don’t know!

However my plan, is wait for the clue in this range and if opportunity arises would flow with the markets levels

27000 call options – Should not close below 120 to 80 by Friday

26500 put options – should be above 60 by Friday Close

Would be on my radar for this week and next week

Upside breaks – can expect banknifty upto 27350 to 27550 to – – – I don’t know

Downside breaks – can expect 26000 to 25750 – – – – I don’t know

Lets play the waiting game and would trade only when it’s towards my comfortable zones

Trade less

Trade from savings money

Sagar U.S

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.