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BankNifty Intraday Trade Setup | 9th November

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftylevels bankniftyoptions bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftytrading
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trendanalysis chartpattern indicator banknifty bankniftytradesetup bankniftyanalysis bankniftylevels bankniftyoptions bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftytrading
BankNifty opened near our Sell level of 39500 and we saw a sharp fall in the morning due to panic selling in IndusInd Bank. It took support near psychological level of 39000 and we saw good 580 points recovery from day's low.

BankNifty formed a Bullish Hammer on the daily time frame and we see a good upmove if BankNifty starts trading above today's Day High.

Expectations for Tomorrow: Range-bound Day.

Intraday Levels:
Buy Above 38520
Sell Below 39350

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

Happy Trading!
InvestPro India Team
Komen:
Buy Above 39520.
Dagangan ditutup: hentian tercapai:
Range-bound Market, SL hit as per trade set-up.

Idea Berkaitan

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