SBI and Drreddy option strategy 1-5days

Shree Ganesha Namah  

Last post we given SBI near 358 it given 2 times opportunity to trade and moved 10 points 

https://denimnifty.blogspot.com/2021/05/new-stock-idea-sbin-2-10-days.html

What is next , 

SBIN is looking breaking out zones can play in 360ce , yesterday also given it moved 13.4 to 18.6 , today can buy near 363-366 for target of 368/370

option 360ce support n buy zones 13-16 targets 18/19/20.4/21.8/23.8 

This option is expected to move step wise short-term every day from dips will see buying interest 

Sup is near 348 zone weak below 340/350

Drreddy last time we given on fb for target of 5250/5300/5400 it hit ,

Now result is on 14may a bullish setup is seen can trade in 5400ce buy zone till 5265 156-170 zone for 200/230/250

if anyone wish to trade in 5300ce its 180-200zone expected target 5400/5500/5600 spot zone from 5265 and option targets 260/290/330/360 

Risk in drreddy is below 5065 

Expiry day 12 may 2021- Option strategy

 Nifty Banknifty expiry day 12 May 2021 Strategy 

From last few days nifty bank nifty moving in channel and in range, every dip is showing strength

What we can do,

My strategy is buy on dips near 14800/14780  12 may option 14800 ce for target of 14840/14880 and 14901 and 14960

2nd strategy if we open near 14840 strategy is buy 14900ce ( next expiry 20may) for target of 14901/14960

Today is high possibility to move towards 14960