Yesterday the market went to high due to two prime reasons that the postponement of FED rate hike and the early monsoon both lifted the broader market to a considerable level,but the slow pick of bankNifty yesterday gave around 100 solid points in trading
The following levels are to be considered for bankNifty today on intraday basis.
Falling below 17492 will make bears to control over bankNifty.
The rising above 17770 will make bulls to control over bankNifty.
The following strikes for to be considered for today's trading on intraday basis.
Call option: 17900CE
Put option: 17300PE
The option writers can consider the following combination of call and put with 10 points profit with
10 points strict stop loss.
18200CE+17000PE
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