Super Performance Trading & Wealth Creation
Bank Nifty consolidating in 35600-36100 range.Move past this can give 400-500 points quickly either side.Support 35100 resistance 36450.Looks good opportunity for option traders to play the range for decay
Option traders made easy money if played the suggested range 35600-36100 strangle.Today intraday decay was 70+ points 402 to 332
Super Performance Trading & Wealth Creation
Nifty today rested at the trendline,below 16200 it can test the gaps of 16135 and 16025 which will act as support.On the upside 16350 is acting as resistance and for further upside need to sustain above that
Nifty taking support at 16200 and resistance at 16350 as mentioned 2 days ago.Anyone trading this range in options got decent profits.Bigger move once this range broken
Super Performance Trading & Wealth Creation
Nifty taking support at 16200 and resistance at 16350 as mentioned 2 days ago.Anyone trading this range in options got decent profits.Bigger move once this range broken
16250 or 16300 straddle both gave around 50 points till now and that's good quantum of decay