BankNifty opened with a gap-up, we saw a sharp fall in the morning BankNifty took support around 39120 and we saw a good up-side rally.
Trades we took Today:
> Bought BankNifty 39400 PE at 310 which made a high above 500 but as it was a fast move only a few Traders could catch this
> Bought BankNifty 39600 CE at 300 which we booked with 45 points loss
> Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade
> Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade
> Bought BankNifty 39500 CE again at 300 which made a high above 400 and Traders booked great Profit in this Trade
Overall, a good day for BankNifty Option Buyers.
For tomorrow, We can see another upmove once BankNifty breaks 39850 on the upside but be cautious as 40000 is a psychological resistance level.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 39850
Sell Below 39580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought BankNifty 39400 PE at 310 which made a high above 500 but as it was a fast move only a few Traders could catch this
> Bought BankNifty 39600 CE at 300 which we booked with 45 points loss
> Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade
> Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade
> Bought BankNifty 39500 CE again at 300 which made a high above 400 and Traders booked great Profit in this Trade
Overall, a good day for BankNifty Option Buyers.
For tomorrow, We can see another upmove once BankNifty breaks 39850 on the upside but be cautious as 40000 is a psychological resistance level.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 39850
Sell Below 39580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Dagangan ditutup: sasaran tercapai
Buy Trade Triggered and 1st and 2nd Targets Done.
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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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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.