Posts

Showing posts with the label BankNifty #OptionTrading #28Oct #TechnicalAnalysis #StockMarket #Disclaimer #Hatch

📊 BankNifty 28 October Option Call 59400 May Go to ₹90 if It Stays Above ₹19

Image
✅ #BankNifty #OptionTrading #28Oct #TechnicalAnalysis #StockMarket #Disclaimer #Hatch --- 📊 BankNifty 28 October Option Call 59400 May Go to ₹90 if It Stays Above ₹19 --- 🌐 English Version 1. Introduction The BankNifty 28th October 59400 Call Option is currently drawing traders’ attention. As per current market dynamics, the call may rise up to ₹90 if it sustains above ₹19. This view is based on technical and momentum analysis, not a guaranteed prediction. In the world of options trading, every point matters. The structure of BankNifty often reacts sharply near expiry dates, making timely entries and exits critical. --- 2. Technical Outlook Current Strike: 59400 CE Support Zone: ₹17–₹19 Resistance Zone: ₹85–₹90 Target Projection: ₹90 Stop Loss: ₹12 (for conservative traders) If the 59400 call maintains stability above ₹19 for a few hours with decent open interest build-up, it could trigger momentum buying, pushing the premium towards ₹70–₹90 levels. --- 3. Market Sentimen...