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Bank Nifty options 18 Dec 2019
Nifty Bank Index
Short
Bank Nifty options 18 Dec 2019
By Bigbear2022
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Dec 17, 2019
1
2
Dec 17, 2019
As discussed Bank Nifty shot to our resistance level quite early in the day and spent the day around those levels.
Decision Range
32126-32152
Support for the day
32013
Resistance for the day
32240
Expectation
Initial rally might get sold , support of 32013 might get tested
My trade
I'll try to short calls near resistance
BANKNIFTY
NIFTY
Trend Analysis
Bigbear2022
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