Nifty Bank IndexLong
Bank Nifty Options 7 Jan 2020
As discussed Bank Nifty broke below support of the day 31908 and kept crashing whole day unabated. Overall jackpot day for put buyers / call sellers.
Note : Trading view has blocked my bank nifty idea for 6 Jan and Dlf short idea because I mentioned my twitter handle in the post , so I won't be posting anything here which might seem to be unsolicited advertising to them.
Decision range
31343-31532
Support for the day
30964
Resistance for the day
31713
Expectation
31713 might be tested , sharp upmove in mid day
My trade
I'll try to short puts at support
Note : Trading view has blocked my bank nifty idea for 6 Jan and Dlf short idea because I mentioned my twitter handle in the post , so I won't be posting anything here which might seem to be unsolicited advertising to them.
Decision range
31343-31532
Support for the day
30964
Resistance for the day
31713
Expectation
31713 might be tested , sharp upmove in mid day
My trade
I'll try to short puts at support
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.