Pivotal_Traders

Expiry day Blueprint for Banknifty

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NSE:BANKNIFTY   Nifty Bank Index
Banknifty has shown resilience to FII selling, RBI announcement today seems to have altered the nature of market. However not much has changed we presume three possibilities around which a probable expiry day plan can be traced.

A strangle of 33100CE and 32800 PE trading around 373 a pair seems a good bet to ride tomorrow .


All the best

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