Bank NIFTY is retracing towards its former level. NIFTY index is also getting rebalanced. Doklam Standoff is taken care of and hence no negative news apart from Baba Ram Rahim is in market haha.
Elliot Wave ended giving it is an awesome projection towards upside.
Short Bank NIFTY 24400PE AT 155.45 for this month's expiry i.e. 31st August. Short Bank NIFTY 24000PE AT 97.85 for 7th September expiry.
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As market gapped down along with missile, It looks Like We got an amazing premium in these two setups.
Bank NIFTY 24400PE is sold at 229.45 for this month's expiry i.e. 31st August. Bank NIFTY 24000PE is sold at 130 for 7th September expiry.