Bank Nifty options 3 Jan 2020

2020年1月2日

As discussed Bank Nifty remained constantly in decision range to gather enough steam to break past resistance in last hour. Good day for call buyers / put shorts.

Decision Range for the day
32292-32392

Support for the day
32221
Resistance for the day
32563

Expectation
32232 might be tested tomorrow , mid day might see some selling

My trade
I'll try to short calls near resistance.