Last trading session we saw banknifty consolidate between small range of 21350-21750. Today also expecting banknifty will create range-bound trade in the first half. Getting a big trading range for banknifty today's session from 20950- 21750- 21250. If banknifty sustain above @21550 in the first half after that more possible to break out of 21750 levels and we can initiate a trade for CE option at this level. Banknifty only shows weakness if break the 21325 levels.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.