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Bigbear2022
Jan 2, 2020 12:09 PM

Bank Nifty options 3 Jan 2020 Short

Nifty Bank IndexNSE

Description

As discussed Bank Nifty remained constantly in decision range to gather enough steam to break past resistance in last hour. Good day for call buyers / put shorts.

Decision Range for the day
32292-32392

Support for the day
32221
Resistance for the day
32563

Expectation
32232 might be tested tomorrow , mid day might see some selling

My trade
I'll try to short calls near resistance.
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