As discussed Bank Nifty broke below support of the day 31908 and kept crashing whole day unabated. Overall jackpot day for put buyers / call sellers.
Note : Trading view has blocked my bank nifty idea for 6 Jan and Dlf short idea because I mentioned my twitter handle in the post , so I won't be posting anything here which might seem to be unsolicited advertising to them.
Decision range
31343-31532 Support for the day 30964 Resistance for the day 31713
Expectation 31713 might be tested , sharp upmove in mid day
@munishjsharma, I won't comment like pundit or weather department , I just provide intraday trading ideas. Next time take my advice before holding then I would be able to follow up based on my judgement
Hold or exit?
Any view