Today BankNifty opened with a gap-up due to Fed US news and we saw a trending once as it broke the falling line resistance in the opening itself. We bought BankNifty 37400 PE at 240 in the morning which we booked with loss. We also bought BankNifty 37900 PE at 230 which went to above 290 and Traders booked great profit in this Trade.
We also bought BankNifty 37700 PE as Zero Hero at 40 which went to around 60-62 and Traders easily booked 50% profit in this Trade.
BankNifty taking support of the yellow line on 15 mins time-frame and we can see a down-move if it breaks and trades below this in the morning.
Expectations for Tomorrow: Range-bound day.
Intraday Levels: Buy Above 37850 Sell Below 37650
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