Bank Nifty Options 5 Feb 2020

As discussed Bank Nifty opened above our resistance , we tried to short against it but were stopped out. We tried to short supply gap of 30560 but were stopped out again. Overall, it was one way up market till 11:30 and then it went no where for rest of the time and we had to book loss of 60 points in the day. An off day which I would call inevitable once a while where market starts to chase you down.

Decision Range

Support for the day

Resistance for the day

Range bound session , sharp selling in mid day

My trade
I'll try to short calls near resistance

Real time updates
I'll try to update on my social media platforms
Note :: I have made a loss of 60-65 points today and I am upset for all of my followers so we come back roaring tomorrow

Whatsapp/Telegram contact +31 647996002
Telegram handle = bigtrade21

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.