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What a move in #NIFTYBANK towards the end. After trading in range finally breaking 46000 closing around day.

Its going be to an interesting expiry.

Trading Strategy

If we open flat or gap down , I will observe first 15 mins , see if bank nifty takes support at 45800. and if breaks 45800 then a short side trade can be triggered.

Since maximum OI is around 46000 , put shorts will go to cover and hence a fall to 45500 expected.

If we open flat , we can again see a sideways expiry. 46080 , 46250 resistances

Support at 45800 and 45550