Swapilchoksi

Bank Nifty: Intraday Trade: Closed below Supply Zone

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NSE:BANKNIFTY   NIFTY BANK
Hello,

Intraday Supply Zone: 30900-31110
Intraday Support @ 30550-30600 and 30110-30210

On Friday BNF closed below its major demand zone .( My yesterday STBT position in the comment section.). If it will sustain below its major supply zone @ 30900-31120 then I will short OTM call options. In intraday, once it will sustain below 30600-30550 then I will short Fut . If it will sustain above 31150-31200 then I will cover my short position and will short OTM put.

Trade Well
Trade active: STBT: Sold 31300 call @ 120 and 31200 call @ 140
Comment: Trading near half the price. I am going to carry these trades

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