TradingView
Bigbear2022
Jul 20, 2022 11:41 AM

Bank Nifty Options 21 July 2022 

Nifty Bank IndexNSE

Description

As discussed in morning update , Bank Nifty should see some selling after 12 PM once the gung ho atmosphere subsides. BBRS ( Big Bear Reversal ) Indicator went into sell mode in afternoon at 36166 , selling 36300 call was very reasonable today as morning tick itself showed an offloading of 10 lac contracts from FII Desk.

Tomorrow expecting expiry to be little range bound with less possibility of a zero - hero trade , if there's one will be updated

36200 Puts gave decent return today , rest we'll see how it goes tomorrow

Decision range
36000-36040

Support for the day
35818

Resistance for the day
36152

Expectations
Dull Expiry

Real time updates

Updated in group before market opens

BBRS Indicator update

Sell mode

reliability - 69%

Time frame - 4 days

Rest details can be found below






More