Nifty Bank Index

[Bounce] BankNIFTY Weekly Plan

Weekly -
Sell Put Spread with lower BEP at 43400.
Sell Call Options with upper BEP at 44600.

Monthly -
Buy Futures if 44080 breaks in BankNIFTY Spot with stop loss at 43600

The call options sell is naked trade as the BankNIFTY future buy will take care of the unlimited loss prospect of it.

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