Bank Nifty Options 24 jan 2023

23 Oca 2023

Bank Nifty remained in sell at resistance mode today also and kept falling all day after hitting roof in first hour. Selling options have become tad easy after explosive volatility in last 2-3 weeks. I had hinted towards volatility subsiding last week which has made life of option sellers easy now.

Decision range
42828-42880

Resistance for the day
42990

Support for the day
42678

Expectations
Option sellers having field day , put buyers might have some good chance after 12:30

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