Bigbear2022

Bank Nifty Options 18 March 2021

NSE:BANKNIFTY   Nifty Bank Index
As discussed before open Bank nifty hit a low of 34126 easily breaking our lower range of 34482. Market nowhere came near our upper range today and only rebound came near 11:20 AM as anticipated which was easily shorted by trading rooms and operators. Nifty puts of 14800 went as high as 4x by closing and easily doubled in 2 hours flat.

Tradetron algo was having numerous bugs since last 2-3 days , however tradetron assured us that no such issue will arise in future , algo hit 18% targets easily without hassle

(description below for new traders )

Decision range

34347-34608

Support for the day

33871

Resistance for the day

34849

Expectations

Volatile day

Real time updates

Public rooms updated , trading rooms updated with real time signals , algos running on tradetron

all details below



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