As discussed yesterday , bank nifty made a low 20 pts from our support of 31099 and made a high 20 pts away from our resistance level. Low for the day was 31122 and high was 31537. It managed to enter decision range but never threatened to turn a range day into a trending one. Overall good day
Decision point for the day 31335 Support for the day 31122 Resistance for the day 31539 ( expecting bank nifty to break resistance tomorrow )
Expectation Trending day , close near day high
My trade As I had hinted yesterday that Mondays are historically not very trending days for the market so tomorrow since the decision range is just a point, I'll be looking to long calls near support.