Bigbear2022

Bank Nifty Options 17 Feb 2020

Long
NSE:BANKNIFTY   Nifty Bank Index
As discussed Bank NIfty made a high 31486 against our projection of 31411. It broke decision range and I updated live that all hell will break loose below 31286. It did and call sellers and put buyers made good money. Overall everyone made tons of money all day.

Decision Range
30934-31096
Support for the day
30602
Resistance for the day
31259

Expectations
Weak opening range with sharp upmove after mid day
My trade
I'll try to short puts near support
Real time updates
I'll update whenever I get time

Note : I am also posting about stock options , mcx crude oil levels on social media platforms


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