Three Possibilities on Banknifty Expiry with Fixed Expiry rangewe try to deduce banknifty's today's expiry range based on price action and volumes.
Three possibilities shows different type of opening- Gap up, Gap Down and Flat open
Expiryrange
Banknifty October 8th Expiry RangeBank Nifty is what we can say a strong instrument with much robust liquidity.
It has recently on daily timeframe made M pattern fail to regain as a strong upmoving instrument. The bias is bullish.
Three possible scenarios arises as per the behavior of the BN on open: thus three possible paths to be a possibility .
Any other movement from above these three paths means that market is either in trending mode or non tradable.
