Support and Resistance-
R3-38870
R2-38494
R1-38334
38334 to 3265 - No trading Zone
S1-38265
S2-38086
S3-37668
Buy Call Option @ 38334 with 50-60 Point SL - 1st Target 38494 / 2nd Target 38870 with SL trailing
If market reverse from 38494 or 38870 Buy Put Option
BUY Put option @ 38265 with 50-60 Point SL - 1st Target 38086 / 2nd Target 37668
If market Bounce-Back from 38086 or 37668 Buy Call Option
For Safe Players/ New Traders-
Buy Call only after break-out of 38494 and Buy Put only after break-down of 38086
and do not buy anything if market consolidate between 38494-38086
BANKNIFTY
R3-38870
R2-38494
R1-38334
38334 to 3265 - No trading Zone
S1-38265
S2-38086
S3-37668
Buy Call Option @ 38334 with 50-60 Point SL - 1st Target 38494 / 2nd Target 38870 with SL trailing
If market reverse from 38494 or 38870 Buy Put Option
BUY Put option @ 38265 with 50-60 Point SL - 1st Target 38086 / 2nd Target 37668
If market Bounce-Back from 38086 or 37668 Buy Call Option
For Safe Players/ New Traders-
Buy Call only after break-out of 38494 and Buy Put only after break-down of 38086
and do not buy anything if market consolidate between 38494-38086
BANKNIFTY