Today Banknifty was Up by 513.35 or 1.59%. Today there was a n | Index & Options calls with consistency

Today Banknifty was Up by 513.35 or 1.59%. Today there was a news in market that RBI governer to adress at 10 am. At 10:04 banknifty given a dip of around 400 point in single minute and recovered all in minutes, A volatile day today !!

Let's analyse for Tomorrow, Banknifty forming a range between 32000 and 33000 from last 3 days, well thats good for us. After breaking that range we can get a good trending movement.

Tomorrow after crossing 32900 level you can look for buying again. Flat opening will be best for good buying movement.

Banknifty taking support from a trendline (refer chart). If banknifty breakes that trendline and 5 min. candle closes below the trendline you can look for shorting. I told wait for 5 min. candle close because many times market breakes the trendline to trap retailers and reverses back. Safer side wait for 5 min. candle close.

Best of luck for Tomorrow