As discussed y'day bank nifty hit day high at 11:45 , thereafter reversing the trend for the day giving good gains overall. Options continue to trade with very high volatility giving hard time to buyers and sellers alike. This trend continues to be the norm with FII have nothing to do with cash mkt and only doing punter activities in Indian mkt due to their high ownership in HDFC and ICICI.
Anyways , traders should also float like a butterfly sting like a bee
Decision range 42333-42428
Resistance for the day 42645
Support for the day 42180
Expectations for the day
Trend of last 3 days continue till 11 AM , Shorts should be able to do well after noon