I strongly recommend to Short Bank Nifty 22400 CE for 20Aug20 Expiry as the expectation is slightly bearish view on Bank Nifty.
Nifty is trading in a Zone of 10920 - 11150 buy above 11050 for TGT of 11150 with Stop loss of 11,000 where it has strong resistance and can face selling pressure Above 11150 nifty can see 11300 levels,Also heavy call writing is done at 11,000 levels and above 11050 we can see short covering Sell below 10985 with stop loss of 11,000 for TGT 10920 , Highest...
Turns to bullish note. Expect it would expire above 500 this series. Sell 500 Put.
Long term continue to bearish. Expect Expiry should below 180.