As discussed day before y'day bank nifty opened higher closing near resistance level for the day with expiry near 39300 as expected. Over all trading was range bound throughout day with options giving limited movement. Option sellers got in profit before lunch itself.
Decision range 39318-39420
Resistance for the day 39511
Support for the day 39129
Expectations for the day / trading idea
Very narrow range is expected , option buyers are advised to enjoy early weekend and try buying on monday
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