Swapilchoksi

Bank Nifty: Not expecting one way fall

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NSE:BANKNIFTY   NIFTY BANK
Hello,
Please find the next supply and demand zones in the chart.
Today was a perfect juicy short trade but I think now juicy short trade is over. On the down side there are multipal demand zones. In any case if it will break last low near 30600 then it may test next demand zone @ 30350-30450.
In this case I will take my trades through option writing.

Trade Well
Trade active: Sold 30500 put on last Thursday @ 100. Today sold more qty @ 90.
Trade active: Added more qty in the above same position @ 105
Comment: Now 30800 is a strong demand zone for coming days. If this level will hold then I get the conformtion tht BNF complated its correction.

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