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Bigbear2022
Jan 20, 2020 10:16 AM

Bank Nifty Options 21 Jan 2020 Long

Nifty Bank IndexNSE

Description

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

Trade active

ideas updated on platforms , sold 31000 pe @ 250

Trade closed manually

closed @ 195
Comments
slsharmasikar
Will banknifty give sharp move upward tommorow 21 Jan
Bigbear2022
@slsharmasikar I am counting on late afternoon reversal , let’s see how it goes , will update real time in channel
slsharmasikar
@Bigbear2022, Me to same lets see it shoul move up
imsamjohns
Very Good Analysis Sir, Sent you an email also. Thanks much for providing your analysis.
hjchoudhury
You are great....master of analysis...am watching your analysis from last 2 months impressing...
Navneet69
Thanks your predictions helped.
Tomorrow can we expect a sharp up move early in the morning???
skarjolly
Again your words proved to be golddust. :)
Thanks....As of now i am doing paper trading to gain confidence in share market as i am relative new on this front.
Bigbear2022
@skarjolly, Yeah great , social media channel ROI was staggering 127% today, good that everyone is making good money
skarjolly
@Bigbear2022, Quite an interesting number but where to track this :)
Bigbear2022
@skarjolly, you can mail us for details
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