Good day Guys, It's weekly Expiry. A very volatile day (Just for this month, Next months onward we will have different Expiries). As can be seen, NSE:BANKNIFTY respecting our levels & hoping for a burst downside. Let's trade carefully, Hoping for the best. Ciao
As the market showed the movement yesterday, this was obviously an Expected move. Fun fact was, we were expecting the premiums to get decay but due to such movement didn't get the premiums to decay as anticipated. Premiums of PUTS (Put European) were high against which CALLS (Call European) were decaying so fast. Let's hope for the best. Good day!
Your thoughts on it? Uptrend can maybe seen in the upcoming consecutive hours as time passes. It needs to go beyond the day's high. Let's hope for the best, Playing strong today.
