Bigbear2022

Bank nifty options 20 Oct 2020

NSE:BANKNIFTY   Nifty Bank Index
As discussed before open Bank nifty showed a trend day breaking the 10:30 AM high after lunch closing near highs. We shorted bank nifty around 24200 high after which it went down around 250 points , algo side was neutral today after European open which pushed bank nifty back to day high and staying in top range for rest of the day.

Decision range

24035-24187

Resistance for the day

24483

Support for the day

23895

Expectations

Trend day

Real time updates

my operator updated nifty resistance 11877 , nifty stayed around that resistance whole day despite a strong bank nifty , rest I'll update on public channels whenever I get time

Inner circle traders - Only inner circle traders get global updates and algo levels in advance , for details pm me


Disclaimer

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.