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
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