InvestPro_India

BankNifty Intraday Trade Setup | 1st June

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NSE:BANKNIFTY   Nifty Bank Index
BankNifty opened with a gap-down around 35610 and after making a low near 35580 we saw a good bounce in BankNifty towards 35875 but BankNifty again faced resistance at higher levels and we saw more than 500 points free fall in last 30-35 mins.

Tomorrow if BankNifty sustains below 35300, we can expect a further downmove.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above 35720
Sell Below 35300

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

Happy Trading!
Komen:
No Trade as per set-up. Was moving in range.

Penafian

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