Bank Nifty Options 12 jan 2021

As discussed before open Bank Nifty hit a high of 32288 corresponding to Nifty high of 14466. Premiums were low so we sold ATM option of 32300 CE in morning in trading rooms around 300 for a target of 215 , 200 was broken in 30 min itself. Overall Bank nifty remained in a small range without much volatility

Decision range
32012-32064

Resistance for the day
32254

Support for the day
31786

Expectations

Volatile day

Real time updates

Real time updates

Traders are updated before open and during market hours in trading rooms , description and details below
BANKNIFTYNIFTYTrend Analysis

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