Bank Nifty Major Demand Zone @ 29530-29650 and major supply zome @ 30500-30600. Today it closed the middle of this range.
Tomorrow if Bank Nifty will sustain below 30000 then I may sell out of the money calls and If it will sustain above 30120 then I will go long for the target of next supply zone .
As I mentioned in my post long tht if it will sustain above 31120 I will take a long position. My targets is next supply zone.
Once it will sustain above 30600 then we can see more upside. I am traling my sl for all my fut and options trades in the bank nifty
Bought 30500 call @ 95 booked @ 300.
Booked all positions in option buying. Booked 75% qty in Future and carry 25% qty for tomorrow