Bigbear2022

Bank Nifty Options 26 Sep 2022

Short
NSE:BANKNIFTY   Nifty Bank Index
As discussed since last 3 days , markets witnessing big FII cash selling , carpet got pulled under feet on friday after expiry got over. Total trend day with no counter trend moves whatsoever , put premiums were high so appreciation was low , option sellers made most of it.

Decision range
39675-39982

Resistance for the day
40256

Support for the day
39079

Expectations for the day
Volatile day , buying low selling high will be profitable

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