Bigbear2022

Bank Nifty Options 9 Jan 2020

Long
NSE:BANKNIFTY   NIFTY BANK
As discussed Bank Nifty opened with a big gap down below support level , however it managed to close above support in 15 min, rallied back to decision range lower range sold off and rallied back again from support zone . Overall tremendous day for range traders.

Decision Range
31172-31305
Resistance for the day
31580
Support for the day
31030

Expectation
Initial dip to be bought , sharp up trend in last hour

My strategy
I'll try to short puts at support

Whatsapp/Telegram contact +31 647996002
Telegram handle = bigtrade21
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