BANK NIFTY MARCH MONTH EXPIRY ANALYSIS

BankNifty Important Levels for March Month Expiry:


=> Naked Buyer Strategy:

CALL Side:
Buy Above: 47040.
Put Stop Loss: 46950.
Targets: 47130, 47203, 47288, 47368 and 47423.


PUT Side:
Sell below: 46800.
Stop Loss: 46880.
Targets : 46720 ,46650, 46570 and 46474.

=> Hedging Strategy:

UP SIDE:
Sell 47300/47400 PUT (Premium price 500-570) & Hedge with 46400 PUT (Premium price 100).

DOWB SIDE:
Sell 46400/46300 CALL (Premium price 550-630) & Hedge with 46430 PUT (Premium price 130).

=> Sell Strangle Strategy:
Sell 46400 CALL and Parallelly Sell 47400 Put.

Note: Do Trading after the Level break and use Strict Stoploss.

Commentaire:

Target 1 and Target 2 achieved on Put side