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.
Support for the day
Resistance for the day
Initial rally getting sold ,some selling might come in mid day
I'll try to short calls near resistance