Bank Nifty is trading at 26740 at 10.54 AM, the Very Important number for the day is 26770. If it holds till 2 PM and breaks above and stays for more than 15 minutes ,we could see 26880 and 26960.
Suppose if BNF trading below 26770 by 2 pm to 2.40 pm, we could see bnf closing at the range of 26660-26620.
if fierce selling happens below that before 2.40 pm ,we could see 26540 by the close.
Markets can’t be predicted. It should be followed .
Would be tracking Options Strike Price of 26500 Call and 26500 Put for the day .
Put has to trade above 60-70 for the day
Call has to trade above 270 for the day .340 and 380 is the key resistance -Current price is 319 10.53 AM.
All the best .Trade from Savings and trade less
Sagar U.S