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Bigbear2022
Oct 23, 2020 10:43 AM

Bank Nifty options 26 Oct 2020 

Nifty Bank IndexNSE

Description

As discussed before open in queen's gambit , bank nifty hit a day high of 24764 against our projection of 24724. We sold 25600 CE immediately which went down 60% in no time. Rest of the day was listless , afternoon high was hit around 24570 which was also shorted easily.

kings India weekly challenge ended with a gain of 787% after 26 weeks.

we have almost come midway in terms of time and 3/4th in terms of our yearly target to hit 1000% so the pace is fine

Decision range

24507-24567

Support for the day

24302

Resistance for the day

24712

Expectations

Trend day

Real time updates

operator updated on public platform that 11943 is nifty resistance it hovered around those levels whole day and closed below it , rest I'll update whenever I get time

message me for any queries regarding analysis and methodology

inner circle traders - receive global perspective and algo levels in advance


Comments
suryanryn2040
nice sir
will there be a rise of 200-300 points from this closing of 24.4K on Monday
Sidharth_Kr_Jain
Expecting retest of 24850 in BNF on Monday
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