Bank Nifty Options 23 Jan 2020

2020年1月22日

As discussed Bank Nifty hit resistance in the morning and made day high. However we went long along decision range but mkt broke support and we had to book losses. Disappointing day for us as we shorted puts and booked losses.
Anyways one off day for us , so no one made money from our side.

Decision Range
30758-30869
Resistance for the day
31026
Support for the day
30481

Expectation
Initial range , sharp upmove in last hour
My trade
I'll try to sell puts near support