Bank nifty Options 4 Nov 2020

As discussed before open , bank nifty opened above the upper range second day in a row , next resistance posted was 25714 , bank nifty hit a high of 25760. We tried shorting against the resistance but option movement was listless today , giving no movement. Overall , dull day for intraday traders , positional traders having a blast in big gaps leaving nothing on table for day traders.

Decision range
25428-25595

Resistance for the day
25941

Support for the day
25257

Expectations

Volatile day with extreme moves

Real time updates

operator updated Nifty resistance at 11818 , rest will update when he gets time


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