Bank Nifty Options 11 Nov 2020


As discussed before open , bank nifty remained in trend mode all day hitting high of 28802. Our level of 28353 was taken out by market post lunch and puts got stopped out by 30 points before hitting target zone. Unidirectional markets are giving good money to overnight call buyers due to big gaps which are surprisingly sustaining from last week. Short side traders are not getting much chance in the market despite good timing and supply levels but time changes fast as far as bank nifty is concerned.


Decision range

28347-28515


Support for the day

28083


Resistance for the day

28964


Expectations


Range bound day


Real time updates


Operator updated Nifty level of 12754 before open , rest he'll update whenever he gets time


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