As discussed Bank Nifty opened with a big gap down below support level, however it managed to close above support in 15 min, rallied back to decision range lower range sold off and rallied back again from support zone. Overall tremendous day for range traders.
Decision Range 31172-31305 Resistance for the day 31580 Support for the day 31030
Expectation Initial dip to be bought , sharp up trend in last hour