Bigbear2022

Bank Nifty options 3 March 2020

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NSE:BANKNIFTY   Nifty Bank Index
As discussed Bank Nifty hit a high near our level 29770 and 29453 break gave way to last hour big fall taking bank nifty to 28571. Last hour puts went up more than 100% .

Decision range
28976-29181
Support for the day
28364
Resistance for the day
29583

Expectation
Initial weakness getting bought , might close at day high

My trade
I'll try to sell puts near support
Real time update
Will update whenever I get time

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