Bank Nifty 28 October Option Call 58600 May Go to ₹350 If It Stays Above ₹120
đĸ ENGLISH VERSION Title: Bank Nifty 28 October Option Call 58600 May Go to ₹350 If It Stays Above ₹120 Introduction In the dynamic world of the Indian stock market, every move in the Bank Nifty option chain attracts the attention of traders. The 28 October 58600 call option has become a focal point of interest because of its potential movement — from ₹120 to possibly ₹350 — if certain technical levels hold. This kind of momentum play requires sharp observation, patience, and discipline. --- 1. Understanding the Option Level The Bank Nifty 58600 call option (CE) is essentially a bet on the bullish side of the index. When we say it “may go to ₹350 if it stays above ₹120,” it means: ₹120 acts as a support level. If the price sustains above ₹120 for a certain period (say 15–30 minutes on intraday charts), buying pressure could increase. The momentum might lift the price toward ₹200, ₹250, and potentially ₹350. --- 2. Why ₹120 Is Important Technical analysis often identifies su...