Nifty slip 5900 level last session || option trading tips

Nifty trend today: nifty open today positive sign , but closing session midcap, metal,bank nifty share selling pressure nifty slip below 5900 level with loss of 21 point at 5886.

Bank nifty : 

trend negative as opening time and loss 180 point above , on 30 july RBI credit policy review and all bankers has hope some correction , if policy update negative side then bank nifty slip down near at 10150 level so trader alert on bank nifty.

bank nifty  open 10747

High of day 10805

Low of day 10414

Today close on 10545 with loss of  180 point

 

Stock option tips for Monday 29 july.

Buy nifty 5900 put above 100 target 110,120,130 stoploss 88

Buy bank nifty 10500 put above 350 target 400,430,470 stoploss 280