Today is expiry , so marjorly day for option sellers , since time decay is there friend
Coming back to bank nifty trade set up , banknifty is moving up since setiment is very berish we are seeing that candles are very messy , we are seeing big red candles and we are seeing even market is going up we are not able to make much profit in option buying .
today range is based on option chain - 37000 to 36000
i would suggest to build long in the pull back rather than breakout to cash maximum points and get good RR
Coming back to bank nifty trade set up , banknifty is moving up since setiment is very berish we are seeing that candles are very messy , we are seeing big red candles and we are seeing even market is going up we are not able to make much profit in option buying .
today range is based on option chain - 37000 to 36000
i would suggest to build long in the pull back rather than breakout to cash maximum points and get good RR