Bank Expiry Trade Setup | 5th August

BankNifty opened with gap-up and continued the bullish momentum, It opened our Buying level and kept going up. We bought 36200 PE at 190 which gave us a good profit. As the trend is up, look for the buy on dips opportunity in the morning session.

Tomorrow is expiry and we have seen 1500 points rally in two sessions, we may see rangebound day and volatility after 1:00 PM.

Intraday Levels:
Buy Above 36220
Sell Below 35900

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!