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BANKNIFTY Update 09. 12. 2020

As mentioned in previous blog we decided to short puts at any dip and it seem to have played out well today. Today on the private channel we initiated a short trade at opening which hit our target. Later during the day we entered a positional bullish put spread at the days low.

Banknifty Resistance Zone - 30555.55/30408.75

Support Zone - 30194.50/30070.15

Trade: will continue to manage our positional trades for the nest few days.

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