With reference to the yesterday's highly volatile trading,the Bank Nifty tested a low at 18040 and recovered back to 18349, today if the today's sentiment to bank stocks, the bank Nifty will make a further high at 18455 and even more at 18500.If not the bank Nifty may not hesitate to fall below 18056 and its sub-level.
The following levels can be considered for your intraday trading in bank Nifty today.
Going Long above: 18355
Going Short below: 18200
The following strike prices can be considered for your intraday trading in options today.
CALL Option: 18400CE
PUT Option : 18000PE
The option writers (Short sellers) who can consider the following combination with tight stop loss.
18920CE + 17400PE
To get instant updates and free trading tips in Nifty, Bank Nifty and stock futures and options, join our Facebook Secret group.The subscription charges to join this group is Rs 1555/-per year.From 05th July onwards this subscription will be Rs 5555/-per year.
If you want to join this secret group remit the subscription at the following bank a/c and show your facebook ID and your profile photo in facebook to add you to the group.
T.A.Vijey
Saving a/c No: 11770100005308
UCO Bank
Branch name:K.K. Nagar
IFSC/RTGS code: UCBA 000 1177
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