1. red band indicates resistance n black support ! 2. banknifty may c some profit booking at present levels ! diificult for it to move beyond 19500+ ! 3. has lot of support going down also ! expiry not very far n budget near the moves could b wild !
safe to short the 19700 CE 23 feb at present rates ! dont sell the future pl !!
Note
and the profit booking starts !!!
Trade active
Trade closed: target reached
Bank nifty at support zone ! Can go either way but sell 19700CE has made money !
Note
19100 CE feb can be shorted as nifty bank is respecting the resistances and support as markes !!
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