Banknifty trading below the important resistance zone @22050. The expected market remains in the consolidate zone between 21550 to 22050. If Banknifty breaks any level we will see more 300-500 points movement either call side or put side. The market still in bullish view so focus more CE options in deeps.
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Today First call Banknifty 22300 CE Bought @170 on Reversal of Banknifty from 21650 with the target of 210,230,250+
First & second Target booked.
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Banknifty Made Breakout of 22050 Upside.
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After Break out bank nifty moved nearly 250+ as expected.