Bigbear2022

Bank Nifty options 3 Feb 2020

Long
NSE:BANKNIFTY   NIFTY BANK
As discussed budget session was bone breaking for small retailers trying to buy out all day. I updated live that 30850 is not taken out , warned Nifty not breaking 12028 and longs should get out as quickly as possible. Bank Nifty broke 30330 in mid day and there was no coming back all day.

Overall , we had light positions in 12000 and 11900 Put and did well.

Decision Range
30352-29969
Support for the day
29401
Resistance for the day
30563

Expectation
Initial Rally getting sold , upmove in last hour

My trade
I'll try to short puts at support
Real time Updates
Will update whenever I get time
Whatsapp contact +46 700319761 ,telegram @bigbearhammer , public telegram link https://t.me/bigb2022

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