Bank Nifty: Intraday Trade: Closed below Supply Zone


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


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.