Bigbear2022

Bank Nifty 5 March 2020

Long
NSE:BANKNIFTY   Nifty Bank Index
As discussed live bank nifty had resistance at 29080 and it went all the way down to 28125. I initiated 28600 CE trade live at 28244 which saw some whipsaws for 5-10 min ultimately taking off one way to hit 300. Overall day for brave heart traders and low risk traders were better off taking an off day.

Support for the day
28100
Resistance for the day
29235

Expectation
Big trend day , 29235 might be tested
My trade
I've shorted 28000 PE
Expiry tip
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Real time updates
I'll update whenever I get time


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