Bank Nifty options 30 Dec 2019

29 thg 12, 2019

As discussed Bank Nifty opened above decision range and stayed above resistance for whole day giving good opportunity to short puts.

Decision Range for the day
32257-32357

Support for the day
32171
Resistance for the day
32553

Expectation
Day High to be made in first hour. Some selling might be seen in last hour

My trade
I'll try to short calls at resistance