Bank Nifty Intraday Trade Setup | 11th Feb 2021
As we analyzed yesterday, BankNifty gave a sell trade today and took a bounce nearby our support level 35600. BankNifty is still in 1000 points range and we may get a big move (1000 points or above) once the range would break. Until now, we can play within that range and tomorrow is the weekly expiry so I am expecting the side ways market until 1:30pm.
In today's session, our sell trade initiated and we booked 300 points today.
Resistance: 36500
Support: 35400
Intraday levels for tomorrow:
Buy Above 36060 for the targets of 36180, 36290, and 36400. SL for the Buy Trade would be 35950.
Sell Below 35700 for the targets of 35600, 35500, and 35400. SL for the Sell Trade would be 35810.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
In today's session, our sell trade initiated and we booked 300 points today.
Resistance: 36500
Support: 35400
Intraday levels for tomorrow:
Buy Above 36060 for the targets of 36180, 36290, and 36400. SL for the Buy Trade would be 35950.
Sell Below 35700 for the targets of 35600, 35500, and 35400. SL for the Sell Trade would be 35810.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
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.