As discussed yesterday bank Nifty got support in morning weakness and went on to close at near day high. We shorted 28500PE and 28600 PE live and they both were dusted by evening. Call side there wasn't much movement and I advised to buy 29600 CE live @ 105 , I think might have closed higher.
Decision range
29018-29125
Support for the day
28854
Resistance for the day
29399
Expectation
Trend day, 29399 might be tested
My trade
I'll try to short puts near support
Real time update
I have posted stock straddles and positional trades on my social media platforms , rest i'll post whenever i get time
Crude oil : which the world was bearish , I initiated a buy call at 3343 is testing 3575 as i write , 3800 CE went all the way from 10 to 60 rs
Decision range
29018-29125
Support for the day
28854
Resistance for the day
29399
Expectation
Trend day, 29399 might be tested
My trade
I'll try to short puts near support
Real time update
I have posted stock straddles and positional trades on my social media platforms , rest i'll post whenever i get time
Crude oil : which the world was bearish , I initiated a buy call at 3343 is testing 3575 as i write , 3800 CE went all the way from 10 to 60 rs