BANKNIFTY JANUARY 31ST EXPIRY OPTIONS PLAN PART- 1

BANKNIFTY CMP is 26960 , what’s my outlook for the month !

Disclaimer – Please Consult your advisor,this opinion is for my learning ONLY and test of MY knowledge in markets ! It’s not a recommendation! Secret in trading is have own opinion ! Never borrow other trade ideas or plan !

Note: Always Trade In options Markets Only from SAVINGS MONEY and Trade Less ! Need to understand the risk before return ! If you are not fast to change opinions according to the markets speed !Better do not enter options Markets ! PERIOD !

Rupee saved is better than expected rupee !

Okay,that was my honest confession !

I, am tracking 26500 Put Options Monthly ,Current Price is “245 “

Magic Number is 340 to 380

Above ONLY 340-380 bears would have energy drink to go further and win the battle for next 20 days !

Till then range between “230-340-380” is tough battle for supremacy between bulls and bears ! BLUFF RANGE or Bears Supremacy let markets decide ,i am not predicting !

Better to play VERY VERY “light ” between “230-380”

Below 180 -120-80 ,Bears would have lost round 1,2,3 ,but below 80 for few days OR A WEEK ,they lost the final round too !

“80-120 ON DOWNSIDE IS BLUFF RANGE ” or may be comeback may happen ,need to track smartly !

80 -120 RANGE HOLDS AND TRADING ABOVE THAT, by 25 JAN TO 31ST AFTERNOON ,BEARS ARE IN SERIOUS GAME !

Above “380-520-660-800-920-980”

Hope let’s see how markets pans out on bears camp !

Now coming to Bulls camp ,

I would be tracking 27000 call options

Magic Number is 460 -“330-280”, “180 -150”

Above 180-300 close FROM JAN 25TH TO 31ST AFTERNOON ,Bulls are in the SERIOUS party !

Will become skeptical and worrying for bulls if they trade below “180-150 “

Current Price of 27000 call options is “502”

Above 620-650 ,Bulls will come back with vengeance ! Will update later in PART 2 for MORE LEVELS !

Trade less ! Trade from Savings Money

Sagar U.S

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