Bigbear2022

Bank Nifty options 20 Feb 2020

Short
NSE:BANKNIFTY   NIFTY BANK
As discussed market opened near 30941 resistance and fell down below up to 30600 , finding some bids and closing mid way. Overall volatile day with most of the trading occurred around 30800 futures . Whether this was distribution or accumulation will be known from opening tomorrow.

Decision range
30768-30820
Resistance for the day
30985
Support for the day
30647

Expectations
Trend day , with market opening guiding course for whole day
My trade
I'll try to short calls near resistance
Real time update
Not available tomorrow
Expiry tip
You can try 30600 PE around 20-25 rs for a target of 75

Whatsapp/Telegram contact +31 647996002
Telegram handle = bigtrade21
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