Bank Nifty: Intraday Trade Plan: 30550 important level

For Bank Nifty now major supply zone @ 30900-31120 and demand zone @ 30550. Tomorrow if it will sustain below 30550 then it may test the next support zone @ 30120-30210 very easily. I will sell BNF in this case.
Open Position:
On Friday, Sold 31300 call @ 120 (closed @ 62) and 31200 call @ 140 (Closed 80).
Trade active: STBT: Sold 31200 and 31300 call
Comment: Bingo, BNF: 31200 CALL SHORT @ 140 NOW @ 14. 31200 call SHORT @ 120 NOW @ 10
Trade active: Short Fut @ 30490 for the target of next demand zone
Trade closed: target reached: Booked all my short position


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.