Nifty Bank IndexLong
Bank Nifty options 26 Dec 2019
As discussed market traded in a range yesterday, could not close 30 min above decision range and gave good oppurtunities to option sellers at highs and lows.
Decision Point for the day
32293-32319
Resistance for the day
32364
Support for the day
32221
Expectation
Resistance of 32364 might be tested today , break and sustain --> close at day high
My trade
I'll try to short puts at supports
Decision Point for the day
32293-32319
Resistance for the day
32364
Support for the day
32221
Expectation
Resistance of 32364 might be tested today , break and sustain --> close at day high
My trade
I'll try to short puts at supports
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