Bank Nifty 28 October 58600 Call Option May Go to ₹320 If It Stays Above ₹120 | Full Analysis with Disclaimer
đŠ Blog Title: Bank Nifty 28 October 58600 Call Option May Go to ₹320 If It Holds Above ₹120 — Full Technical and Psychological Analysis --- đ English Version (≈2300 words) đ Introduction The Bank Nifty 28 October 58600 call option has recently drawn attention among traders for its potential upward move. Based on the technical structure and market momentum, many traders are watching whether it can sustain above ₹120 — a key level indicating buyer confidence. If it manages to stay above that, the premium could potentially rise to ₹320. This article analyzes this possibility through technical reasoning, option chain behavior, and trader sentiment. --- đ Market Overview Bank Nifty has shown volatility in the past few sessions as global and domestic cues continue to affect market behavior. As the expiry approaches, short-term traders are focusing more on weekly call and put options to capture fast movements. The 58600 call option represents the bullish side of the market. A ...