Nifty Bank Index

Bank Nifty Options 30 Nov 2022

As discussed in morning Nifty easily crossed ATH and remained in a narrow range puncturing put options. Nifty remains in a range bound environment for 4-5 sessions more with one impending sell off on expiry day +- 1.

Decision range
43063-43124

Support for the day
42909

Resistance for the day
43246

Expectations
One sell off is expected near expiry , apart from that mkt remains range bound before VIX shoots up again next week

Real time updates
Strategy and levels discussed before open as usual , all details below

Disclaimer