Swapilchoksi

Trading Plan for Bank Nifty

Education
Swapilchoksi Updated   
NSE:BANKNIFTY   NIFTY BANK
Hello,
Please find the Supply and Demand Zones in the chart.
As per the data and price action 32000 is a strong supply zone and 31000 is a strong demand zone .
Still in higher time fem trend is positive so I will avoid to go short.
I have a short position in 31000 put and i hold this position until 31000 is intact. In any case Bank Nifty will sustain above 31800 then I may change my put writing position from 31000 to 31500.
Thank you
Trade active: Sold 31000 Put @ 60

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