How to trade bank nifty analysis for date 25.05.2023

If you read my previous blog Nifty and bank nifty trade setup worked beautifully.

Today nifty and bank nifty trade within a range, day before it's monthly expires.

Highest OI addition seen in 18200 put and 18400 call side.18200 put has total outstanding of 1.2cr and 18400 call has highest writting of 1.5cr.

So for tomorrow, nifty will expire within 18200-400 range.

Today I will not provide any technical analysis data as on monthly expiry no technical data works.

For tomorrow buy nifty at 18220-240 level

With SL of 18180 and Target of 18370-80.

Sell nifty at 18350-370 level with SL of 18420 and Target of 18250-40.

For bank nifty Buy bank nifty near 43600 with SL of 43480 Target of 43900.

No sell trade in bank nifty.

If you like my call please share and comment.

If need any assistance during market hours

Fill free to contact in my WhatsApp no.9776360043.

Thank you

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