BankNifty opened with a gap-up near 38760 and we saw selling at open and BankNifty made a low around 38100 which acted as support and BankNifty again gave 600 points upmove from lower levels.
Trades we took today -
> Bought BankNifty 38600 CE at 290 which we booked with 50 points loss
> Bought BankNifty 38400 PE at 400, it made a high above our 3rd Target 490 and Traders booked profit
> Bought BankNifty 38200 CE at 340, it made a high above our Last Target 450 and Traders booked great profit
> Bought BankNifty 38400 CE at 280, it made a high above our Last Target 390 and Traders booked great profit
> Bought BankNifty 38500 CE at 340, it made a high above our 2nd Target 410 and Traders booked profit
Overall it was a great day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 37900 on the downside, we may see a fast down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 38220
Sell Below 37900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 38600 CE at 290 which we booked with 50 points loss
> Bought BankNifty 38400 PE at 400, it made a high above our 3rd Target 490 and Traders booked profit
> Bought BankNifty 38200 CE at 340, it made a high above our Last Target 450 and Traders booked great profit
> Bought BankNifty 38400 CE at 280, it made a high above our Last Target 390 and Traders booked great profit
> Bought BankNifty 38500 CE at 340, it made a high above our 2nd Target 410 and Traders booked profit
Overall it was a great day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 37900 on the downside, we may see a fast down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 38220
Sell Below 37900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
Gap-down Opening, no trade as per set-up.
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.
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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.