As discussed before open , bank nifty remained in trend mode all day hitting high of 28802. Our level of 28353 was taken out by market post lunch and puts got stopped out by 30 points before hitting target zone. Unidirectional markets are giving good money to overnight call buyers due to big gaps which are surprisingly sustaining from last week. Short side traders are not getting much chance in the market despite good timing and supply levels but time changes fast as far as bank nifty is concerned.
Decision range
28347-28515
Support for the day
28083
Resistance for the day
28964
Expectations
Range bound day
Real time updates
Operator updated Nifty level of 12754 before open , rest he'll update whenever he gets time
inner circle traders - receive global perspective and algo levels in advance during day
#Nifty #Bank nifty
Decision range
28347-28515
Support for the day
28083
Resistance for the day
28964
Expectations
Range bound day
Real time updates
Operator updated Nifty level of 12754 before open , rest he'll update whenever he gets time
inner circle traders - receive global perspective and algo levels in advance during day
#Nifty #Bank nifty