Bigbear2022

Bank Nifty Options 24 mar 2021

NSE:BANKNIFTY   Nifty Bank Index
As discussed before open bank nifty hit a high of 34387 against our projection of 34080. Nifty hit a morning high of 14843 which gave good movement in options , algo trades are up by 42% in last 3 sessions ( details below ). Rest of the day was choppy with index moving in a narrow range for 2 days in a row.

Decision range
33984-34125

Support for the day
33737

Resistance for the day
34495

Expectations

range bound day

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Algo trading - active on tradetron ( details below )



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