Bank Nifty Options 29 Sep 2022

As discussed y'day Bank Nifty made a morning low around 38840 and rallied around 500 pts before put premiums was brought down to earth. Market got sold near decision range to end up lower in afternoon. Put premiums are again on heavier side now , so higher level expiry is possible.

Decision range
37839-37892

Support for the day
37453

Resistance for the day
38226

Expectations / trading idea

lower levels should be bought , expecting expiry to be higher than 38200

Real time updates

available throughout mkt hours as usual , see details below