In case BankNifty open above 22700 and sustain for 30min then we can see upside movement..
In this case
BUY BANKNIFTY 23500 CE
(AUGUST EXPIRY END OF THE MONTH)
AROUND 35-40
STOP LOSS 5
TARGET 100-120+
in case BankNifty sustain below
22700 for 30 min then execute position of
BUY BANKNIFTY 22000 PE (AUGUST EXPIRY END OF THE MONTH)
AROUND 45-55
STOP LOSS 15
TARGET 110-120+