Bank Nifty Levels for Monday 23/10/2023

Note : Overall sentiments are bearish and we may see gap down opening

It May open between 43600 & 43500 and then may try to go to fill the gaps

Put Side
-----------
Good time to take the trade will be when price goes below 43417.33, wait for the candle to be formed below this level and second candle's high < the previous candle high. Buy ATM put option for the target of 43265

Call Side
-----------
If Trend reverses the buy ATM Call option only after price goes above 43850.52 for the target of 44185.77. Remember to keep booking profits on the buy side or trail

Disclaimer : All the predictions are solely based on the self analysis and will not be responsible for any losses you make. Treat this as a learning purpose or do Paper Trading to see the outcome of the Analysis