Bank Nifty: 12 May 2021

As per system, carrying neutral positions initiated towards the end of previous session.

Unless proven otherwise, will prefer trading from the short side into the day.

This is the first time in last 7 sessions that Value area didnt go up.

32950-32972 range for mean reversion trades intraday.


Region between 32850 & 33000 has the highest traded volume for May BNF contract. For NF, it is around 14700.


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