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
My trade
I'll try to short puts at support
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
My trade
I'll try to short puts at support