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InvestPro_India

Bank Intraday Trade Setup | 27th July

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
BankNifty opened with a minor gap-down and broke our Sell level at the opening, it was taking support in the 34750 zones and we bought 800 CE around 270 which immediately went to above 400. We again bought 34900 CE on the dip around 270 which went to above 355 and met all our targets.

Despite good results in ICICI, Axis and Kotak Bank BankNifty was facing resistance in crossing the 35120 zones which is showing weakness.

Expectations for Tomorrow: Range-bound day.

Intraday Levels:
Buy Above 35120
Sell Below 34870

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
Komen:
Buy Trade triggered at 35120 SL 35000.

Idea Berkaitan

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