As analyzed, BanknIfty opened with a gap-up and faced resistance near the 35300 zones. We bought 35100 PE in the morning but due to range-bound it hit our SL by 4 points and we saw a good down move. For tomorrow, I am expecting a positive morning session.
Expectations for Tomorrow: Range-bound day.
Resistance: 35129
Support: 34280
Intraday Levels:
Buy Above 34900
Sell Below 34650
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team