Bank Nifty options 18 Dec 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

BANKNIFTYNIFTYTrend Analysis

Also on:

Disclaimer