Bigbear2022

Bank Nifty Options 22 oct 2020

NSE:BANKNIFTY   Nifty Bank Index
As discussed in queen gambit , 24857 was the level where algos were getting positioned for sell , bank nifty hit a high of 24823 and sold off to form a low at 24099 against our levels of 24079. overall big gains for kings and queens as expected before open.

Decision range

24459-24575

Support for the day

24214

Resistance for the day 24944

Expectations

Trend day

Real time updates

operator updated Nifty levels of 11987 which broke briefly but once mkt came under it , algos sold 350k taking markets lower. rest I'll update whenever I get time

inner circle traders - inner circle traders were all positioned short today in morning due to advanced algo levels




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