Bank Nifty Options 22 July 2022
As discussed yesterday , expiry exhibited true range , with buyers and sellers getting equal returns from lower and higher range throughout day. Breakaway rally was not possible with call writing on 36300 as explained y'day.
Decision Range
36102-36187
Resistance for the day
36399
Support for the day
35941
Expectations
Another range bound session , probably the last session before we enter high volatility zone next week
Trading Idea
Trusting the range for buying and selling
Real time updates
Updated in groups before mkt open and throughout day
BBRS Indicator signals
Sell mode
Probability of success = 67%
Time frame - 3 days
Rest of the details can be discussed below
Decision Range
36102-36187
Resistance for the day
36399
Support for the day
35941
Expectations
Another range bound session , probably the last session before we enter high volatility zone next week
Trading Idea
Trusting the range for buying and selling
Real time updates
Updated in groups before mkt open and throughout day
BBRS Indicator signals
Sell mode
Probability of success = 67%
Time frame - 3 days
Rest of the details can be discussed below
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