BankNifty opened with a gap-up and it faced resistance at 34800. We bought 34900 PE at 200 which went to above 350 in just 5-10 mins. We update before market hours that the Market would be negative/unsteady until 11:55 which Market respected and we book profit in 34800 PE twice and 34900 PE. We also bought 34500 CE around 12:00 which also gave good profit. Overall, it was an amazing day and we booked more than 300% profit.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 34800
Sell Below 34500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!