BankNifty opened with Gap-down and we saw BankNifty keep making lower lows but we got some good bounce as well during the day.
Trades we took today -
> Bought BankNifty 38700 CE at 190 which made a high around 250 and Traders booked good profit in this Trade
> Bought BankNifty 38600 CE at 240 which we booked with 40 points loss
> Bought BankNifty 38500 CE at 190, added more at 150 levels, and booked all at 220-230. Traders booked good profit in this Trade
> Bought BankNifty 38800 CE twice at 60 and 50 which made a high above 80 and Traders booked great profit in this Trade
> Bought BankNifty 38400 PE at 60 which made a high around 125 and Traders booked good profit in this Trade
Overall, it was a great Weekly Expiry for BankNifty Option Buyers.
If BankNifty sustains above the falling yellow trend line, we may see short-covering which can take BankNifty towards 39000 zones.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above 38700
Sell Below 38450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 38700 CE at 190 which made a high around 250 and Traders booked good profit in this Trade
> Bought BankNifty 38600 CE at 240 which we booked with 40 points loss
> Bought BankNifty 38500 CE at 190, added more at 150 levels, and booked all at 220-230. Traders booked good profit in this Trade
> Bought BankNifty 38800 CE twice at 60 and 50 which made a high above 80 and Traders booked great profit in this Trade
> Bought BankNifty 38400 PE at 60 which made a high around 125 and Traders booked good profit in this Trade
Overall, it was a great Weekly Expiry for BankNifty Option Buyers.
If BankNifty sustains above the falling yellow trend line, we may see short-covering which can take BankNifty towards 39000 zones.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above 38700
Sell Below 38450
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 Target 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.