Bank Nifty Options Strategy and Tips
It is classified as an index among the 12 highest caps and the liquid stocks that the banking sector provides. It was launched in 2009 and now the index is heavily traded on the stock market. It benefits a lot of traders by specializing them in the Bank Nifty. In many years, the traders who are focusing on the trading of the bank nifty options tips can devise an overabundance on the bank for the trading strategies. Trading in bank nifty There are certain strategies for trading in bank nifty which are as follows: Strategy 1 In the charting software, chart a five-minute candle chart. After that, a point should be picked at which the commencement t of the strategy will begin. That point should be picked in which the first candles are both bearish and bullish. If the first candles are bullish a buy order must be placed at the high of the subsequent candle. Stop-loss order should be set at the very low of the same preceding candle. Just like that, the same opposite is done when the other ca...