BankNifty opened with a Gap-down below 37400 and formed a low near 37050-37000 zone which was psychological support. BankNifty showed a great recovery from lower levels and we saw a rally in the last 2 hours as expected.
Trades we took today -
> Bought BankNifty 36600 PE at 410, it made a high above our Last Target 510 and Traders booked great profit in this Trade
> Bought BankNifty 36800 PE at 480, it made a high above our Last Target 580 and Traders booked great profit in this Trade
> Bought BankNifty 37700 CE at 570, it made a high above our Last Target 680 and Traders booked great profit in this Trade
> Bought BankNifty 37000 PE at 440 which we booked with 20 points loss
> Bought BankNifty 38000 CE at 640, it made a high above our Last Target 790 and Traders booked great profit in this Trade
Overall, a Great Day for BankNifty Option Buyers.
Tomorrow, if BankNifty opens flat and sustains above 38120 we may see a follow-up upmove for 130-300 points.
Expectations for Tomorrow: Volatile day
Intraday Levels:
Buy Above 38120
Sell Below 37780
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 36600 PE at 410, it made a high above our Last Target 510 and Traders booked great profit in this Trade
> Bought BankNifty 36800 PE at 480, it made a high above our Last Target 580 and Traders booked great profit in this Trade
> Bought BankNifty 37700 CE at 570, it made a high above our Last Target 680 and Traders booked great profit in this Trade
> Bought BankNifty 37000 PE at 440 which we booked with 20 points loss
> Bought BankNifty 38000 CE at 640, it made a high above our Last Target 790 and Traders booked great profit in this Trade
Overall, a Great Day for BankNifty Option Buyers.
Tomorrow, if BankNifty opens flat and sustains above 38120 we may see a follow-up upmove for 130-300 points.
Expectations for Tomorrow: Volatile day
Intraday Levels:
Buy Above 38120
Sell Below 37780
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Dagangan ditutup: sasaran tercapai
Buy Trade Triggered, 1st and 2nd Targets Done.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
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Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.