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 contact +46 700319761 ,telegram @bigbearhammer , public telegram link https://t.me/bigb2022

Comments

Sir Maine banknifty k 2 lot 20 Feb 2020 PE 30600 k kharide h caary forward m mujhe Kya krna chahiye Kya Maine sahi trade liya h
Reply
@Siddraj724,
Tomorrow also gapup 200- 250 points opening, but not come down continue to up side movement.
+1 Reply
abdulkk WakgTechSolutions
@WakgTechSolutions, yea! its been going up.. good i dint short it!!!
Reply
Bigbear2022 Siddraj724
@Siddraj724, jab okhli mein sar de hi diya to moosal se kya darna , good luck
Reply
Thank you sir
Reply
Sir or view on tatasteel support and resistance
Reply
Bigbear2022 uhbreddy
@uhbreddy, tata steel trend day tomorrow , opens up will close at high , opens down will close at day low
Reply
Thank you
Reply