BankNifty opened with a Gap-up and traded in a very narrow range, a Typical expiry day where Option Writers were making money from both CE and PE. We took both CE and PE trades today and booked profit in both the trades. Though BankNifty 35000 CE as Zero Hero didn't work well.
Expectations for Tomorrow: Trending day.
Resistance: 35127
Support: 34634
Intraday Levels:
Buy Above 35050
Sell Below 34760
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team