Bank Nifty options 20 Dec 2019

As discussed Bank nifty made a low at our support zone and moved above decision range from there. Overall, very good day for option sellers.

Decision Range for the day

32207-32230

Support for the day
32107

Resistance for the day

32350

Expectation

Initial dips getting bought , sharp rally in afternoon

My trade

I'll try to sell puts near support

BANKNIFTYNIFTYTrend Analysis

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