BankNifty opened with a Gap-up at 35327, we saw sharp selling at open and BankNifty made a low around 34600 which provided support to BankNifty.
Trades we took today -
> Bought BankNifty 35000 PE at 380 which made a high above 500 and Traders booked great profit in this Trade > Bought BankNifty 34900 PE at 430 which made a high above 530 and Traders booked great profit in this Trade
Overall, a Great Day for BankNifty Option Buyers.
BankNifty trading in a range and we may see a fast move wherever BankNifty gives a breakout.
Expectations for Tomorrow: Volatile Day.
Intraday Levels: Buy Above 35050 Sell Below 34600
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