Caapinves

Will Bank Nifty Crash Tomorrow?

Caapinves Actualizado   
NSE:BANKNIFTY   Nifty Bank Index
Bank nifty on monday has day high of 31697.55 and
moves as a range bound market for consolidation

The index has touched day low of 31013.65 and closes
at 31198.40

The Index has extended the virgin cpr of 22/01/2021 for
27/01/2021 also as the 25/01/2021 was not touched the same.

What will be expectation:

Expected CPR: 31303.20 , 31355.60 & 31250.80

Case 1:

Go for Short if the index break 25/01/2021
low in 5 mins time frame.

Target - 30800 & 30500

Option Strategy:

Sell: 31500 & 31600 Call option - Hedging - 31800 CE
and Buy 31000 PE

Case 2:

If the index breaks the CPR and closes in 5min time frame:
go for Long.

Target - 31700 & if the index breaks 1hr time resistance go
for Long: Target 32200 - 32400

Option Strategy:

Sell - 30900 & 30800 PE - Hedging - 30600 PE
Buy - 31400 CE

Disclaimer: Kindly do your own analysis before executing the trade
Operación activa:
Target 1 Achieved
Operación cerrada: objetivo alcanzado

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