Bank Nifty Options 18 Jan 2021

As discussed before open Bank Nifty and Nifty hit highs at open and good selling followed as expected. Nifty made a high of 14617 against our level of 14608. Lower range of 14487 gave support all day , last hour selling opened the flood gates with nifty hitting low near 14387. Public groups were also cautioned in morning itself that we might see some good sell today

Decision range
32265-32295

Support for the day
32008

Resistance for the day
32521

Expectations

Volatility to subside , trend to pick up soon

Real time updates

Traders are updated before open and during market hours in trading rooms , description and details below