Nifty Bank IndexUpdated

BANKNIFTY

refer chart for levels
according to ocha data unwinding at higher levels
if 24500 is the broken market may go crazy
I am not confident enough on data point tomorrow I will not be trading on these levels
if any triangle forms in a 5min candle I will take trade otherwise if ADX < 25 will execute 3 leg Short strangle with 3K as SL per lot
Note
Exact reversal at R2 Missed trade as decided before to did only Option selling as expected market became directional

Disclaimer