Bank Nifty options 23 Dec 2019

21 thg 12, 2019

As discussed , Bank Nifty moved above our resistance level and found support whole day which provided ample opportunities to short puts whole day. Overall good day for option sellers.

Decision Range for the day
32321-32362

Resistance for the day
32486

Support for the day
32243

Expectation
Range bound , some selling can be witnessed in last hour. Expecting 32243 to be tested on Monday.

My trade
I'll try to short calls at resistance.