As expected, BankNifty opened with a Gap-down and gave a good rally towards resistance 34900, It faced resistance and lost all morning gains. We got a selling opportunity around 2:00 PM which gave a quick 600% profit to Put Buyers.
Expectations for Tomorrow: Volatile day.
Resistance: 34839
Support: 34224
Intraday Levels:
Buy Above 34700
Sell Below 34450
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Happy Trading!
InvestPro India Team
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