Bigbear2022

Bank Nifty options 1 March 2021

NSE:BANKNIFTY   Nifty Bank Index
As discussed before open bank Nifty hit a low of 34658 against our projection of 34447 , puts went 3x in no time in 2 hours flat , algos were unable to fire orders as zerodha blocked lower strike options. Live trades and levels were shared on public channels to make use of fall by manual punching. Tradetron and AWS algos remained on standby ( description below )

Decision range
34950-35293

Support for the day
34335

Resistance for the day
35595

Expectations

Range bound day

Real time updates

Public channels ( description below ) and algos are updated during mkt hours , trading rooms updated before open


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