BankNifty opened with a minor gap-up and it faced resistance near our Buy level which was 34800, we bought 34700 PE at 255 which gave a good profit. In the second half, it broke 34800 levels and hit the first target as per the trade set-up.
BankNifty is trading in a triangle pattern and the range is narrowing down, we are expecting a big trend move once it breaks the triangle on either side.
Expectations for Tomorrow: Volatile day.
Resistance: 35040
Support: 34663
Intraday Levels:
Buy Above 34900
Sell Below 34600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
BankNifty is trading in a triangle pattern and the range is narrowing down, we are expecting a big trend move once it breaks the triangle on either side.
Expectations for Tomorrow: Volatile day.
Resistance: 35040
Support: 34663
Intraday Levels:
Buy Above 34900
Sell Below 34600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Nota
Bought at 35050
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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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Penafian
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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.