Range bound Banknifty
Jai shree Ram! Today as mentioned yesterday it opens gap down and took support at 36600 and 36500 where the PE open interest is high and faced resistance at Level 36900 and 37000 where CE open interest is maximum. Interestingly we saw put unwinding at 36900 levels. Now unless we open a gap up above 37000 the market will be range bound.. stay tuned tomorrow I will give call during market hours. Thank you for supporting me and following me.
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