Bigbear2022

Bank Nifty Options 10 Jan 2020

Short
NSE:BANKNIFTY   NIFTY BANK
As discussed Bank nifty opened above resistance , and price level followers instantly knew that a big trend day is on cards and selling puts or buying calls will yield big money eod . It happened exactly as we thought and tremendous day for level traders. Those who trade on gut feeling or overbought/oversold indicators were royally slaughtered.

Decision Range
31921-32035
Support for the day
31779
Resistance for the day
32291

Expectation
Initial rally getting sold ,some selling might come in mid day

My trade
I'll try to short calls near resistance


Whatsapp contact +46 700319761 ,telegram @bigbearhammer , public telegram link https://t.me/bigb2022
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