I think it will be awesome to trade the Feb Banknifty option pair of near strike, lowest premium and reward would be fairly large.. it could prove to be a jackpot.. I would be buying a 12000 Banknifty CE & PE & let it go to expiry..:)
The trend line of SMA 30 & 45 are at 5712...today and Gann support is at 5711...hence took the strong support level at 5700...and the strong resistance of the trend line is at 5959......
So took the range 5700-5950.....