As per your analysis, BankNifty opened with a gap-up but couldn't sustain at upper levels in the morning and we saw a sell-off towards the 36500 zones. We saw a good recovery in BankNifty and on basis of our SpanAttack timings-based research, we asked Traders to hold and buy more CE at lower levels and Sell around 2:45 PM and Traders made a great profit in BankNifty 37000 CE.
For tomorrow, we can expect a good rally once BankNifty breaks the falling yellow trendline on the upside.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 37350
Sell Below 37100
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Happy Trading!
InvestPro India Team