BANK NIFTY 35500 - 34800 RANGE BOUND IN THIS WEEKLY EXPIRY

BANK NIFTY WILL BE RANGEBOUND BETWEEN 35500 - 34800 ON WEEKLY EXPIRY.

WITH VOLATILE MARKET SELL 35800/35900/36000 CE
SELL 34500/34400/34300 PE

Trade active

Option buyers - be away from this market till this month expiry.

With option value getting eroded on both CALL/ PUT , this sideways and rangebound market will grind the option buyers and your patience will be tested like any.

Most of the stop loss will get hit as length of each candle poised to trigger your stoploss.

Note

THANKS TO THE GLITCH IN NIFTY.
In my opinion option sellers gone for covering.

TOMORROW We will see their (FII) Strategy

Trade closed: target reached

TARGET ACHIEVED WITH 100 % CONVICTION

call2rajesh

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call2rajesh

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