Bank Nifty View for 02/12

Bank Nifty may trade in the range 29165 -30165
Decision Level :29597
Above & below :Bullish & Bearish .

Above 29597 : 29747/29860/29938/30060/30165
Below 29597 : 29360/29262/29165

1st level to watch out : 29860 for upwards
29460 for downwards

Tight range : 29747-30060

Due to near expiry a profit booking may be seen in the upper level...
Let us see what happen....

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Comment: exactly near 1st level to watch..
Comment: 30000/30100 possible
Order cancelled: after sc hearing some movement possible.
Comment: booked profit ...
Comment: 29500PE @ 400
Trade closed: target reached: almost all down level done..