BankNifty opened flat and remained in a Range the whole day as per the analysis. Both CE and PE went down due to choppy movement as there was no follow-up trend even on 5 mins Time-Frame.
Trades we took today -
> Bought BankNifty 39500 CE at 300 which we booked with 30 points loss
> Bought BankNifty 39500 CE again at 270 which we also booked with 40 points profit
> Bought BankNifty 39400 PE at 300 which we booked with 45 points loss
> Bought BankNifty 39400 PE again at 300 which we booked with 20-30 points profit
Overall, it was not a good day for BankNifty Option Buyers.
Today's range is important for today, we may see a trending move once BankNifty breaks this range on either side.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 39570
Sell Below 39200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 39500 CE at 300 which we booked with 30 points loss
> Bought BankNifty 39500 CE again at 270 which we also booked with 40 points profit
> Bought BankNifty 39400 PE at 300 which we booked with 45 points loss
> Bought BankNifty 39400 PE again at 300 which we booked with 20-30 points profit
Overall, it was not a good day for BankNifty Option Buyers.
Today's range is important for today, we may see a trending move once BankNifty breaks this range on either side.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 39570
Sell Below 39200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
Sell Trade Triggered around 2:00 PM and 1st and 2nd Target 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.
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.
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.