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 !!

Comment: 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 !
Comment: 19100 CE feb can be shorted as nifty bank is respecting the resistances and support as markes !!

risky trade as budget near so follow ur own SL !!
Trade active
Comment: Shorting more 19100 CE
Trade active: Shorting more of 19100 CE