BankNifty opened with a big-gapup and faced resistance at 35500 zones, we bought 35500 PE at 225 which gave good profit. It didn't break the morning low and we saw good up-move once it broke the 35500 zones. If BankNifty breaks the 35820-35850 zone we may again see a good rally.
Expectations for Tomorrow: Volatile day.
Intraday Levels: Buy Above 35820 Sell Below 35500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
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Buying at the Bottom and Selling at tops gave good profit today to Option buyers today.