As discussed Bank Nifty made a low of 30957 against our support of 30960 which was updated live on social media platforms. Day was choppy and option buyers were not able to make much money. Day belonged to call sellers , most of the calls went down by 50-60% and sellers made good money.
Decision Range
31067-31102
Support for the day
30926
Resistance for the day
31220
Expectation
Initial weakness to extend into closing
My trade
I'll try to sell calls near resistance
Real time updates
I'll update whenever I get time
Decision Range
31067-31102
Support for the day
30926
Resistance for the day
31220
Expectation
Initial weakness to extend into closing
My trade
I'll try to sell calls near resistance
Real time updates
I'll update whenever I get time