Bigbear2022

Bank Nifty options 26 Feb 2020

Long
NSE:BANKNIFTY   Nifty Bank Index
As discussed Bank Nifty made a low near our support level of 30348 and rebounded hard in an otherwise uneventful day. Range bound day with nothing much to mention. We bought 30800 CE @ 95 sold off at 120-125 , sold 30500 PE @ 270 , covered at 175. All trades were given live in social media platforms

Decision range
30444-30472
Support for the day
30306
Resistance for the day
30585

Expectation
Trend day , might test 30585
My trade
I'll try to sell puts near support
Real time update
Issued positional calls in nifty future
Issued crude oil trade
Issued positional calls in Bank Nifty
Rest I'll update whenever I get time

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