Support- 32250-32300 Resistance- 33200 Bank nifty is expected | Stock Shiksha
Support- 32250-32300 Resistance- 33200
Bank nifty is expected to open with gap up opening but we have to watch if it is going to closes above 33000 or not which is psychological level. Most of the call OI exists between 33000-33200. This zone is strong resistance zone and hence traders can look for sell between this zone. On lower side, fall toward 32300-32400 will be buying zone where long side position can be created. Just like Nifty, try to trade in both sides with strict stop loss.
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