Bank Nifty Options 21 Jan 2020

Jan 20, 2020

As discussed Bank Nifty came crashing down from our resistance levels , broke day support , broke extension support and closed at day low. I updated all this in my social media platforms, however I am dejected to see that some of you still trade on biases and buy calls or go long against my projection. So , you have nobody to blame except yourself.

I would also be pleased if readers of my posts can kindly hit like for my posts too as token of appreciation.

Decision Range
31220-31488

Support for the day
30777

Resistance for the day
31645

Expectation
Range trading , last hour sharp upmove
My trade
I'll try to short puts near support
Real time update
Will try to update on social media platforms if possible

Jan 21, 2020

Trade active

ideas updated on platforms , sold 31000 pe @ 250

Jan 21, 2020

Trade closed manually

closed @ 195