Thursday 6 October 2016

Buy Bank Nifty Option Call 19600.


Bank nifty index trend is highly volatile today, the index opened lower today, 5 stocks advances and 6 declines. 7 stocks price reached near 52-week high position.
The 27 October 2016 Bank Nifty future is trading near 19633.95 with a gain of 0.06% the trend is volatile, Open interest is rising, selling is higher. 

Pivot points

Resistance 1: 19705.14 Resistance 2: 19740.25 Resistance 3: 19775.39 Resistance 4: 19810.56 Resistance 5: 19845.77. 

Support 1: 19600.00 Support 2: 19565.02  Support 3: 19530.06 Support 4: 19495.14 Support 5: 19460.25.

Option Tips

Bank Nifty Option Call Expiry 06 Oct 2016 Strike Price Rs 19600. Buy above: 19.23 Targets: 19.31, 19.41, 19.50, 19.59 Stop loss: 19.14.
               
      
     

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