bank nifty 30-11-2021
bank nifty in down trend since 25-11-2021
in chart as we see its 1st pull back so we will go for sell opportunities
as we see bank nifty in its third lower low formation it will only break if bank nifty sustain above 38000
also there is a gap pending between 37000-37300
so we wait to came in the range of 37000-37300 for sell opportunities with sl 38000
once bank nifty come in the above range its better to short 37500 ce and 38000 ce options
in chart as we see its 1st pull back so we will go for sell opportunities
as we see bank nifty in its third lower low formation it will only break if bank nifty sustain above 38000
also there is a gap pending between 37000-37300
so we wait to came in the range of 37000-37300 for sell opportunities with sl 38000
once bank nifty come in the above range its better to short 37500 ce and 38000 ce options
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.