Please Find the supply and demand zones then the chart.
Negative data build-up in Bank Nifty.
My Trading Plan is as below:
Plan A: Future Trade: I will go long in BNF Fut If Bank Nifty will sustain above 32540 and I will go short in if BNF Fut if it will sustain below 31950.
Plan B: Option Trading: If Bank Nifty will open strong and sustain above 32200 then I will short 32000 put and 32500 call.
If Bank Nifty will open flat but not able to sustain above 32200 the I will short 32200 or 32300 call.
Negative data build-up in Bank Nifty.
My Trading Plan is as below:
Plan A: Future Trade: I will go long in BNF Fut If Bank Nifty will sustain above 32540 and I will go short in if BNF Fut if it will sustain below 31950.
Plan B: Option Trading: If Bank Nifty will open strong and sustain above 32200 then I will short 32000 put and 32500 call.
If Bank Nifty will open flat but not able to sustain above 32200 the I will short 32200 or 32300 call.
Trade active:
Sold 31700 Call @ 150
