As discussed Bank Nifty broke 30733 and then hell broke loose in last hour. I updated live on thursday to Buy 30800 PE which went up 250%. Positional Nifty puts also went up 200%. Overall , a day which belonged to positional players , typical of bear markets where positional players make lot of money unlike day traders.
Decision range
30495-30561
Support for the day
30358
Resistance for the day
30622
Expectations
Trend day , 30358 might be tested
My trade
I'll try to sell calls near resistance
Real time updates
Crude oil 3700 PE went from 48 to our target 132 today
30800 PE went from 165 to 450 today
Straddle also hit target
Rest I'll update whenever I get time
Decision range
30495-30561
Support for the day
30358
Resistance for the day
30622
Expectations
Trend day , 30358 might be tested
My trade
I'll try to sell calls near resistance
Real time updates
Crude oil 3700 PE went from 48 to our target 132 today
30800 PE went from 165 to 450 today
Straddle also hit target
Rest I'll update whenever I get time