As analyzed we saw a high volatility expiry session today. BankNifty Opened with a gap up and lost all its gain in the first 10-15 mins, it again took support from 34500 zones which gave a good bounce. We tried to Buy CE in the morning which gave good profit, PE also gave around 30% profit.
In the last hour, we tried with PE which didn't work. Overall a good day.
The trend is up but the range is narrowing down, we are expecting a wider range with great opportunities next week.
Expectations for Tomorrow: Trending day.
Resistance: 35367 Support: 34676
Intraday Levels: Buy Above 35200 Sell Below 34900
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