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Bigbear2022
Dec 26, 2019 2:29 AM

Bank Nifty options 26 Dec 2019  Long

Nifty Bank IndexNSE

Description

As discussed market traded in a range yesterday, could not close 30 min above decision range and gave good oppurtunities to option sellers at highs and lows.

Decision Point for the day
32293-32319

Resistance for the day
32364

Support for the day
32221

Expectation
Resistance of 32364 might be tested today , break and sustain --> close at day high

My trade
I'll try to short puts at supports
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