BankNifty opened with a gap-up around 33250 and we saw some weakness in the morning session which brought BankNifty towards 32950 zones but we saw a great upmove after consolidation and BankNifty made high at 33969.
Trades we took today -
> Bought BankNifty 33400 CE at 320 which we booked with a small profit at 355
> Bought BankNifty 33600 CE at 250 which we booked with 40 points loss
> Bought BankNifty 34000 CE at 210 which we booked with 30 points loss
> Bought BankNifty 33800 CE at 260, it went above to our Last Target 345 and Traders booked great profit
Initially, it was a choppy session and Traders booked a small profit in BankNifty though Nifty gave a clear rally today.
Tomorrow if BankNifty sustain above 33950, we may see a follow-up upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 33950
Sell Below 33500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 33400 CE at 320 which we booked with a small profit at 355
> Bought BankNifty 33600 CE at 250 which we booked with 40 points loss
> Bought BankNifty 34000 CE at 210 which we booked with 30 points loss
> Bought BankNifty 33800 CE at 260, it went above to our Last Target 345 and Traders booked great profit
Initially, it was a choppy session and Traders booked a small profit in BankNifty though Nifty gave a clear rally today.
Tomorrow if BankNifty sustain above 33950, we may see a follow-up upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 33950
Sell Below 33500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
Big Gap-up opening, no trade as per set-up.
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.