Nifty Bank Index

Bank Nifty Options 21 Dec 2020

As discussed before open , bank nifty continued a range bound session without much activity in options. Option volatility parameter V( rm ) is still below 11.4 which means market can grind for some more time before big volatility kicks in.

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Decision range
30614-30681

Resistance for the day
30923

Support for the day
30438

Expectations
Volatile day

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Penafian