As discussed in radio channel( link in profile ) and queen gambit before open , bank nifty hit a high around 30197 against 30224 ( our projection) and followed the path traced yesterday. Algo side was particularly active today , with locals trying to match bids during mid day around 29800-700 zone , last hour paved way for further selling with Bank nifty reaching our lower range with ease.
Decision range 29350-29664
Resistance for the day 29890
Support for the day 28821
Expectations
Wild swings , expiry to remember
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