Thread by @niki_poojary

#BANKNIFTY

Structure looks bullish 🐂in Monthly Weekly & Daily TF

In fact in Daily TF, C&H formation in place (awaiting a confirmation)

Charts attached👇

#BANKNIFTY

In hourly TF moving within the bullish channel

S/R levels mentioned in 15min TF

#BANKNIFTY Strategy: Moderate risk seekers: Only PE sell

Reaction point: 36500 on the lower side

Capital: 50K

RoI: ~2.3% for moderate players

Disclaimer: Try this only if you know how to do adjustments once the level breaks

#BANKNIFTY Strategy: Moderate risk seekers: Strangle

Reaction points: 36900 & 39600 on the lower side & upper side resply

Capital: 69K

RoI: ~1.9% for moderate players

Disclaimer: Try this only if you know how to do adjustments once the level breaks

#BANKNIFTY Strategy: Safe traders:

Reaction point: 36500 on the lower side

Capital: 43.5K

RoI: ~1.3% for safe players

Disclaimer: Try this only if you know how to do adjustments once the level breaks

#BANKNIFTY Strategy: Aggressive risk seekers:
Can sell a strangle unless 38115 is taken out the upside, once that is taken out, exit CE's and sell only PE's.

Happy trading 🤑🤑🤑