TheBullishRoom

Bank Nifty Trading Plan for Tomorrow

NSE:BANKNIFTY   Nifty Bank Index

For the last 4 days, Banknifty is closing within a range. Market is moving on an intraday basis but closing continuously within a range. Banknifty is closing around 43000 so there are many straddle positions of 43000 strike price if market break this range options sellers have to close one leg of the straddle position and we might see a trending market tomorrow or on expiry.

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