Bank nifty options 4 Dec 2020
As discussed before open on queen gambit and public channel (description in profile ) bank nifty hit a high of 29813 against our levels of 29888 , nifty hit a high of 13216 against our level of 13221. Morning opening sell near upper range was only choice today , with low volatility not allowing any major mid day moves.
Option selling margin hike is not allowing low cap traders to sell options and earn , forcing them to buy which are turned powder from pro and local end. This is new reality which traders need to adapt in coming months
Decision range
29483-29600
Support for the day
29275
Resistance for the day
29722
Expectations
Wild swings
Real time updates
traders are updated everyday realtime on radio channel without any fee ( description in the profile )
Option selling margin hike is not allowing low cap traders to sell options and earn , forcing them to buy which are turned powder from pro and local end. This is new reality which traders need to adapt in coming months
Decision range
29483-29600
Support for the day
29275
Resistance for the day
29722
Expectations
Wild swings
Real time updates
traders are updated everyday realtime on radio channel without any fee ( description in the profile )
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.