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BANKNIFTY Continues strong momentum STRONG BUY CMP = 26580.9 SL2 = 26500.4 TP2 = 26903.0 SL1 = 26299.5 TP1 = 26984.7 TREND CONTINUATION-STRONG BUY Overall Banking Trend is positive. Below are overbought ones:- INDUSINDBK KOTAKBANK SBIN However, the reward to risk ratio is 144% Expecting Bank NIfty to Continue uptrend. Better trade would be to SELL BN Put Options for 26500. or BUY BN CE 26600 NIFTY TREND CONTINUATION- BUY Nifty CMP 10813.9 , it is expected for a upmove SL 2 = 10790.1 TP 2=10909.0 Sl 1 = 10660.6 TP 1 = 10886.6 However, the reward to risk ratio is 47% Sell NIFTY PUT @10700 Buy NIFTY CALL @10900 Note: -Additional details are updated in the rupeeroom blog.

12.53 AM Jun 15th
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