As discussed before open , bank nifty opened above the upper range second day in a row , next resistance posted was 25714 , bank nifty hit a high of 25760. We tried shorting against the resistance but option movement was listless today , giving no movement. Overall , dull day for intraday traders , positional traders having a blast in big gaps leaving nothing on table for day traders.
Decision range 25428-25595
Resistance for the day 25941
Support for the day 25257
Expectations
Volatile day with extreme moves
Real time updates
operator updated Nifty resistance at 11818 , rest will update when he gets time
message me for any queries regarding analysis and methodology
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