Bigbear2022

Bank Nifty options 23 Nov 2020

NSE:BANKNIFTY   Nifty Bank Index
As discussed on Thursday Bank nifty hit a high of 29406 and a low of 28580 against our projection of 29417 and 28591. Real time low was updated in radio channel ( description on profile page ). Big swing day propelled bank nifty from day low to hit day high in final hour of trade, algo side selling resumed in final minutes bringing back markets into balanced state.

Decision range
28981-29154

Support for the day
28729

Resistance for the day
29572

Expectations

Extremely volatile day

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