As discussed Bank Nifty opened above resistance for the day , only to find resistance against our extended resistance level of 31509. Bank Nifty hit top tick at 31505 and kept sliding whole day to close near day low. I updated live on social media platforms to go short at 31505 as 31509 will not be taken out today. Call sellers made good money , futures traders made very easy money. Put buyers were not that lucky.
Decision range 31322-31368 Support for the day 31177 Resistance for the day 31462
Expectation Initial range , sharp down move in last hour My trade I'll try to sell calls near resistance Social media updates Real time updates whenever I get time
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