Bank Nifty Options 27 July 2022

As discussed in y'day post Bank Nifty made a low of 36334 closing around support level of 36409 ( refer to y'day post for today's levels ). FII made use of liquidity gap at open to dump nifty futures ( -1.5lac contracts ) and locals had no firepower to take back mkt to highs today , mkt kept sliding till algos stopped selling in mid afternoon.

Decision range
36459-36517

Support for the day
36204

Resistance for the day
36634

Expectations

Trend day , linear move in afternoon

Real time updates

updated in group before mkt opens , details below