BankNIFTY Overview

BankNIFTY is likely to be in this channel if broken confidently (that is breaking that above the green line; then 25000. The current safest trade should be 25100 CE towards this week's expiry assuming there is a gap up tomorrow in the market.

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BankNIFTY fell inside the channel. My bet towards this expiry is between the first channel and the second channel which is 24400 and 24900.

Short 24600 PE 18th Oct at 117.7
Short 24700 CE 18th Oct at 95.3