Bigbear2022

Bank Nifty Options 16 Oct 2020

NSE:BANKNIFTY   Nifty Bank Index
As discussed before open in Queen gambit , mathematical probability of Nifty going 11695 was going up from 3 days and somehow market was not able to fall. Today however as probability went beyond 0.4 I posted early morning message on platform that after lunch we'll see a big fall, it did , rest was history

Decision range

23226-23532

Support for the day

22653

Resistance for the day

23774

Expectations

Wild volatile swings

Real time updates

I posted on public platforms that US market is nearing mathematical crash level and traders should be cautious. Afternoon as bank nifty went below 23800 , I posted that the hammering begins , rest I'll update on public channels whenever I get time

Inner circle traders - they get global perspective and algo levels in advance


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