Nifty Bank Index
Short

Banknifty sell 25300 call @ 80 & Buy 26300 call @ 16

76
Moving average crossover and violation of nreaby support confirms the bearishness. Expecting the bank index to expire below 25300 next week. Recommend to sell 25300 call 80 & Buy 26300 call @ 16 of 05Nov2020 contract.

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