Maximum loss is unlimited if Bank Nifty continuously falls below 31000.
On the upside, If Bank nifty close Above 34100 then the maximum of RS 3850/-
Profit if
Bank nifty close in the range of 31000 to 34000.
Maximum profit RS 13650/- in the range of 31500 to 32100.
But I am expecting RS 7000/- approx.