Bigbear2022

Bank nifty options 4 Dec 2020

NSE:BANKNIFTY   Nifty Bank Index
As discussed before open on queen gambit and public channel (description in profile ) bank nifty hit a high of 29813 against our levels of 29888 , nifty hit a high of 13216 against our level of 13221. Morning opening sell near upper range was only choice today , with low volatility not allowing any major mid day moves.

Option selling margin hike is not allowing low cap traders to sell options and earn , forcing them to buy which are turned powder from pro and local end. This is new reality which traders need to adapt in coming months

Decision range
29483-29600

Support for the day
29275

Resistance for the day
29722

Expectations

Wild swings

Real time updates

traders are updated everyday realtime on radio channel without any fee ( description in the profile )




Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.