Bank Nifty Options 28 Dec 2020

Week Ahead

As discussed before open , Nifty made a high if 13738 against our level of 13731 and dropped to day low of 13626, 100 pt nifty move on expiry was enough to take puts 3-4x from morning lows. Bank Nifty hit a high of 30422 against our level of 30388 but didn't dip much unlike nifty , which was bad luck for bank nifty put buyers.

Post mid day , Nifty radio channel was updated with bank nifty 30561 , Bank nifty hit a high of 30545 and came down to 30300 levels where 30500 PE again went 5 times. So oppurtunities are endless if one is vigilant and waits for his levels.

King's Indian members group clocked 17% for the week , operators were up by 8% for the week

Kings Indian weekly challenge is a platform for low trading capital members where traders with low capital come every week to maximise returns by option selling , logic for selling is purely algo based

Kings Indian returns till date - 808% in 29 weeks

Decision range

30280-30371

Support for the day

30082

Resistance for the day

30636

Expectations

Trend day

Real time updates

Crucial algo levels are updated in respective groups before open and during market hours

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