Pre-Market Routine - Bank Nifty - Demand and Supply Zone
Bank Nifty closed near its demand zone on hourly and weekly charts.
*Today it failed to close above it’s 2800 which is a lower level of its supply zone on the daily chart.
*In the wide range of sideways zones or trading between multiple demand and supply zones, I will prefer to trade in OTM option selling instead of trade in Fut.
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Trade active: Carried Position From Frieday:- SOLD 19500 PUT @ 230 CLOSED @ 215