Bank Intraday Trade Setup | 21st June 2021

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BankNifty Opened with a Gap-up and faced resistance near the drawn Yellow Line. We saw panic selling once start trading below 33450 which was also our Sell level. SGX showing gap-down opening and if BankNifty opens near 34000 zones, would be looking at the Buy opportunity.

Expectations for Tomorrow: Volatile day.

Resistance: 34927
Support: 34048

Intraday Levels:
Buy Above 34700
Sell Below 34400

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

Happy Trading!
InvestPro India Team
Nota
As mentioned yesterday, buying morning low is giving a profit.
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