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Bigbear2022
Dec 10, 2019 12:19 PM

Bank Nifty options 11 Dec 2019` Long

Nifty Bank IndexNSE

Description

As discussed yesterday , bank nifty made a low near our support zone but it was very late in the day so I doubt if anyone would have made any money out of it. Bank Nifty tried to break our decider level twice but could not close 15 min above it. Overall a very dull day where bank nifty stayed in a range of 50-100 pts all day.

Decision range
31198-31272
Support for the day
31091
Resistance for the day
31339

Expectation
Reversal day

My trade
I'll try to long calls tomorrow ( FINGERS CROSSED )
**31500 might be tested tomorrow


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