BankNifty opened with a minor gap-up today near 356100, we saw a minor dip in the morning and then it was a trending day and BankNifty was forming higher highs throughout the day.
Trades we took today -
> Bought BankNifty 35400 CE at 480 which we booked with 50 points loss > Bought BankNifty 35700 PE at 360 which we booked with 30 points loss > Bought BankNifty 35700 CE at 460 which made a high above 560 and Traders booked great profit in this Trade > Bought BankNifty 36200 CE at 300 which made a high above 420 and Traders booked great profit in this Trade > Bought BankNifty 36200 PE at 340 which we booked with 15 points loss
Overall, a great day for BankNifty Option Buyers.
Tomorrow, if BankNifty sustains above 36500 in the morning we may see another 120-250 points upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels: Buy Above 36500 Sell Below 36270
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