Today Banknifty was Up 192.15 or 0.54%. A sideways market afte | Just Here Nifty Banknifty
Today Banknifty was Up 192.15 or 0.54%. A sideways market after a rally yesterday.
Let's analyse for Tomorrow, Today banknifty halted around resistance level which is a good sign for buyers. Higher it will halt at top levels, high probability of a breakout and good rally. Tomorrow is a weekly expiry and range breakout needs for a trending market either side. As premiums are too low due to low Vix, but if market given trending move then premiums will spike up and can good profit to option buyers.
Can look for buying above recent swing 35800.
Look for sell only if breaks and sustains below 35380. Same selling level which we decided yesterday.
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