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BANK NIFTY (NIFTY BANK) Option trading analysis for 05 July 2021

Long
NSE:BANKNIFTY   Nifty Bank Index
CALL TRADE ANALYSIS
BANK NIFTY is looking bullish, if it breaks 34897, then wait for targets 1, 2, and 3 (34969, 35094, 35172)

PUT TRADE ANALYSIS
If the Market turns to bear side then short after 34760 for target 1 34642.

(Capture your profit timely in bearish side because market can turn and time to bullish)


Note:
Black Lines: Breakout point, If it breaks go for long, and if it breaks go for short.
BLUE LINES: Target and Resistance lines, If if breaks go for long to other green lines.
RED LINES: Target and Support lines, If if breaks go for short to other red lines.


DISCLAIMER:- I Am Not SEBI Registered Analyst or financial adviser.

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