Nifty Bank Index

major levels marked..

61
VOLATILITY IS HIGH, we really need to manage our RRR in ongoing market conditions. iv is high so option buying is making more sense. but one has to keep an eye on these major levels as the market is showing bullishness but it could be a pullback. so for buying side don't take the trade with huge qty because we are having 43000 and 43500 resistance on top and these levels may trigger some selling. even I will be watching these levels closely and will not be going to trade with big qty.
Best of luck traders.

Penafian

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