As discussed , Bank Nifty hit our resistance and stayed there for quite some time , once the resistance broke after 12 pm , it was a breakaway rally as expected.
Decision range for the day
31536-31623
Support for the day
31439
Resistance for the day
31801
Expectation
Range bound with mild dip in last hour
My trade
I'll look to short calls near resistance and look to book profit once market enters decision range.
Decision range for the day
31536-31623
Support for the day
31439
Resistance for the day
31801
Expectation
Range bound with mild dip in last hour
My trade
I'll look to short calls near resistance and look to book profit once market enters decision range.