Bank nifty Options 28 Sept 2022

As discussed y'day , put premiums are on heavy side and it won't be easy to stop writers from shorting them. Puts closed on lower side despite index going in red. Bank Nifty found support near 38200 with some local buying happening in last hour.

Decision range
38427-38633

Resistance for the day
38911

Support for the day
37993

Expectations / trading ideas

Buying can be tried near support , expecting some FII squaring after lunch tomm

Real time updates

Available throughout mkt hours , details below

BANKNIFTYNIFTYTrend Analysis

Also on:

Disclaimer