BankNifty opened with a big-up as SGX Nifty was indicating and as per our analysis, we bought morning lows. We bought BankNifty 36400 CE in the morning at 300 which made a low around 291 and went to above 450 in 10-15 mins, Traders booked great profit in this trade.
For tomorrow, we are expecting a gap-up opening and holding BankNifty 36300 CE. If BN opens with a big gap-up look for the opportunity to sell the morning rise.
Expectations for Tomorrow: Volatile day.
Intraday Levels: Buy Above 37320 Sell Below 37050
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