Now Sell the Bank Nifty with SL of 37150

uy Zone : From 36382. 05 to 36563.11
Stop Loss for Longs (Breakdown Below) : 36345.83
Breakdown Target : 35795.39
Sell Zone : From 37287.39 to 37468.45
Stop Loss for Shorts (Breakout Above): 37504.67
Breakout Target : 38055.11

Momentum

Sell on rises to CEMA /LEMA
Trading Stratagy

Downward Momentum is strong. Ideal trading strategy would be SAR based.
Based on OI: 36500.00 ~ 37500.00 range likely to hold

Highest Calls at strike price 37500.00 to act as resistance
Highest Puts at strike price 36500.00 to act as support
Bearish OI. Sell OTM Calls. Preferably 37000 or higher strikes.

Trade geschlossen: Ziel wurde erreicht