if bank nifty close below 40375 at 10 am then it may go down for an hour and i will buy at the money put for an hour
i am going to short bank nifty at 39800 because as per gann knowledge it will go down and the high should be made between 10:40 to 12:15 today then i will short near about 39800. i will buy 39800 put.
Bank nifty is trading in channel the upper and lower boundry of channel are in different color to show overbought and oversold boundry. A pure price action for profiting
Reliance can give good move above the marked zone in the pic