Bank Expiry Trade Setup | 3rd June 2021

BankNifty Opened with a gap down, took support from the 35000 zones, and traded in a range until 1:30 PM. Once the range was broken on the upside, gave a great up-move. We bought 35300 PE around 270 which we booked around 300 as the index was moving slowly.

Expectations for Tomorrow: Range-bound day, Volatility after 1:00 PM.

Resistance: 35848
Support: 34941

Intraday Levels:
Buy Above 35450
Sell Below 35200

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

Happy Trading!
InvestPro India Team

Trade chiuso: obiettivo raggiunto:

Buy Trade triggered and first two targets hit.