Bank Nifty options 14 oct 2022

As discussed yesterday market moved linear below decision range and got exact reversal at mid day , taking calls higher by 3x-4x depending on strike , we are positioned in 38500 CE anticipating reversal during day and good gains were made.

Decision range
38683-38751

Support for the day
38370

Resistance for the day
38997

Expectations / Trading ideas
Market is expected to be in a narrow range , option buyers should take day off and enjoy weekend

Real time updates

We were aware about the reversal in afternoon and waited for deep levels to enter , rest of the updates were profitable , for more details refer below