As expected, BankNifty opened with a Gap-down and gave a good rally towards resistance 34900, It faced resistance and lost all morning gains. We got a selling opportunity around 2:00 PM which gave a quick 600% profit to Put Buyers.
Expectations for Tomorrow: Volatile day.
Resistance: 34839 Support: 34224
Intraday Levels: Buy Above 34700 Sell Below 34450
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