Bank Nifty is looking weak below it's Supply Zone @ 23600-23800.
If it will not able to sustain above 23600 then I may short 24000 call option...
Once it will sustain below 23500 and if it will give follow through below this level then I may take a short position in Fut for the target of 23250-23200. If it will sustain below 23200 then next target will be 23000.
If it will not able to sustain above 23600 then I may short 24000 call option...
Once it will sustain below 23500 and if it will give follow through below this level then I may take a short position in Fut for the target of 23250-23200. If it will sustain below 23200 then next target will be 23000.
Comment:
After gap down...BNF is trading in the first 30 min opining candle ... So my focus on stock specific today...because not accepting juicy trade in BNF today...