BankNifty opened with a gap-up near 32940 and after making a low around 32840 we saw a rally towards 33430 zones which acted as rejection and we saw a fall towards 32650 zones. This again provided cushion to BN and we saw parabolic expiry move towards 33300.
Tomorrow if BankNifty sustains above 33430, we can expect an upmove but don't keep bigger targets.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 33430
Sell Below 32960
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team