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Pivotal_Traders
May 5, 2021 11:53 AM

Expiry day Blueprint for Banknifty Long

Nifty Bank IndexNSE

Description

Banknifty has shown resilience to FII selling, RBI announcement today seems to have altered the nature of market. However not much has changed we presume three possibilities around which a probable expiry day plan can be traced.

A strangle of 33100CE and 32800 PE trading around 373 a pair seems a good bet to ride tomorrow .


All the best
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