As discussed y'day Bank Nifty made a morning low around 38840 and rallied around 500 pts before put premiums was brought down to earth. Market got sold near decision range to end up lower in afternoon. Put premiums are again on heavier side now , so higher level expiry is possible.
Decision range
37839-37892
Support for the day
37453
Resistance for the day
38226
Expectations / trading idea
lower levels should be bought , expecting expiry to be higher than 38200
Real time updates
available throughout mkt hours as usual , see details below
Decision range
37839-37892
Support for the day
37453
Resistance for the day
38226
Expectations / trading idea
lower levels should be bought , expecting expiry to be higher than 38200
Real time updates
available throughout mkt hours as usual , see details below