Nifty Bank Index
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Bank nifty Options 19 Jan 2023

As discussed y'day bank nifty hit day high at 11:45 , thereafter reversing the trend for the day giving good gains overall. Options continue to trade with very high volatility giving hard time to buyers and sellers alike. This trend continues to be the norm with FII have nothing to do with cash mkt and only doing punter activities in Indian mkt due to their high ownership in HDFC and ICICI.

Anyways , traders should also float like a butterfly sting like a bee

Decision range
42333-42428

Resistance for the day
42645

Support for the day
42180

Expectations for the day

Trend of last 3 days continue till 11 AM , Shorts should be able to do well after noon

Real time updates

Available throughout mkt hours one to one

BANKNIFTYNIFTYTrend Analysis

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