bank nifty is hovering around 34888 levels which was the close for the first 3m minute candle three trading session ago...looks like a premium eating day...
coincidently the range from this bar close up to down is around 585-600 points...600 points was the premium for each atm strike..34800 at 9.30
best thing for a option buyer is to sit and relax...scalping can be done..but i would say just save your time and just sit
only trades i see is breakout failure of the extremes, buy low sell high and sell high buy low
of course if you get a good breakout you can play for it...till now no signs of any good upmove
coincidently the range from this bar close up to down is around 585-600 points...600 points was the premium for each atm strike..34800 at 9.30
best thing for a option buyer is to sit and relax...scalping can be done..but i would say just save your time and just sit
only trades i see is breakout failure of the extremes, buy low sell high and sell high buy low
of course if you get a good breakout you can play for it...till now no signs of any good upmove