Bank Nifty Options 18 Feb 2021

As discussed before open Bank Nifty hit a high of 37331 against our levels of 37289 , Nifty hit a high of 15314 against our level of 15317 which was easily shorted by traders and operators alike. Puts went 3x by afternoon and our targets were easily exceeded. Nifty algos had a field day clocking amazing 7.9% ROI for investors.

Algo numbers are constantly improving week after week as we introduced the modified in house schaff cycles in it ( credit to Doug Schaff for his original work ). Algos have potential to clock over 40% ROI this month but we are not taking giant leaps and staying low key.

Decision range
36951 - 37053

support for the day
36661

Resistance for the day
37241

Expectations

Range bound day

Real time updates

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Algo info - description below



BANKNIFTYNIFTYTrend Analysis

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