As discussed before open Bank nifty made a high of 31489 against our projected high of 31562 , 31600 CE selling was obvious choice for Kings India traders , it went down 50% in 45 min flat with a risk reward of 1:5 ,giving good start to week. Nifty quotes had some issue due to sgx holiday on Friday and I was not able to receive quotes till 10:30 AM. Nifty trades will resume normal in trading rooms from tomorrow.
Decision range
31190-31204
Support for the day
30904
Resistance for the day
31505
Expectations
Volatile day
Real time updates
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