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Nifty Bank IndexUpdated

Pre-Market Routine - Bank Nifty - Demand and Supply Zone

Bank Nifty closed near its demand zone on hourly and weekly charts.

*Today it failed to close above it’s 2800 which is a lower level of its supply zone on the daily chart.

*In the wide range of sideways zones or trading between multiple demand and supply zones, I will prefer to trade in OTM option selling instead of trade in Fut.


snapshot
snapshot
Trade active
Trade active: Carried Position From Frieday:-
SOLD 19500 PUT @ 230 CLOSED @ 215
Trade closed: stop reached
Swapilchoksi
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BANKNIFTYbankniftytradesetupbankniftytrendChart PatternsintradayTrend Analysis
Swapilchoksi
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