Today Banknifty was Up by 237.90 Points or 0.72%. Opened Gap U | Index & Options calls with consistency

Today Banknifty was Up by 237.90 Points or 0.72%. Opened Gap Up and complete rangebound all day.

From last monday till today Banknifty moved more or less 1300 points which is very less for a index like banknifty. Created a channel and range getting narrow now (Look chart above for better understanding). Nifty looking strong.

Let's analyse for Tomorrow, Again opening of Tomorrow will be important. Today last 15 mins was strong. You can look for Buying opportunity above 33220. Flat opening will be good.

Banknifty following a simple trendline, Which is now multiple times tested. So if we got a good breadown from the trendline, then we can look for shorting

Best of luck for Tomorrow