Here are some key points to keep in mind when trading options in Bank Nifty:
Understand the basics: Before starting options trading, it's essential to understand the basics of options, including the types of options, the terminology used in options trading, and the various strategies.
Identify your trading objectives: You should determine your trading objectives, including your risk tolerance, trading style, and profit targets. This will help you select the appropriate options trading strategy.
Use proper risk management: Options trading involves risk, so it's important to use proper risk management techniques, such as setting stop losses and position sizing.
BANK NIFTY, NSE, INDIA
Major Resistance (R2)42015.65
Major Resistance (R1)41979.10
Major Support (S1)40990.20
Major Support (S2)40727.25
Understand the basics: Before starting options trading, it's essential to understand the basics of options, including the types of options, the terminology used in options trading, and the various strategies.
Identify your trading objectives: You should determine your trading objectives, including your risk tolerance, trading style, and profit targets. This will help you select the appropriate options trading strategy.
Use proper risk management: Options trading involves risk, so it's important to use proper risk management techniques, such as setting stop losses and position sizing.
BANK NIFTY, NSE, INDIA
Major Resistance (R2)42015.65
Major Resistance (R1)41979.10
Major Support (S1)40990.20
Major Support (S2)40727.25