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Bigbear2022
Feb 3, 2020 10:23 AM

Bank Nifty Options 4 Feb 2020 Short

Nifty Bank IndexNSE

Description

As discussed Bank Nifty made a morning low and struggled near 30030 for whole day giving ample chances to make money on both sides. All live trades were posted in social media channels and everyone made tons of money.

Decision Range
29866-29973
Support for the day
29732
Resistance for the day
30220

Expectation
Initial Range , some selling in afternoon
My trade
I'll try to short calls near resistance
Real time updates
I'll post trades whenever I get time
Comments
kakumanurao
every day wrong analysis
Bigbear2022
@kakumanurao, happens my friend , why to take out anger for one day loss. Nobody is god
crudetrader1994
I would like to learn from you if possible :)
prbala09
I bought 29500 pe at 155 now am n negative, will it go up tomorrow
Bigbear2022
@prbala09, If market breaks down in afternoon , you are safe , else sell as premium decay would give you a loss
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