Bank nifty options 4 Dec 2020
As discussed before open on queen gambit and public channel (description in profile ) bank nifty hit a high of 29813 against our levels of 29888 , nifty hit a high of 13216 against our level of 13221. Morning opening sell near upper range was only choice today , with low volatility not allowing any major mid day moves.
Option selling margin hike is not allowing low cap traders to sell options and earn , forcing them to buy which are turned powder from pro and local end. This is new reality which traders need to adapt in coming months
Decision range
29483-29600
Support for the day
29275
Resistance for the day
29722
Expectations
Wild swings
Real time updates
traders are updated everyday realtime on radio channel without any fee ( description in the profile )
Option selling margin hike is not allowing low cap traders to sell options and earn , forcing them to buy which are turned powder from pro and local end. This is new reality which traders need to adapt in coming months
Decision range
29483-29600
Support for the day
29275
Resistance for the day
29722
Expectations
Wild swings
Real time updates
traders are updated everyday realtime on radio channel without any fee ( description in the profile )
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