BankNifty opened with a minor Gap-up but we saw selling in the morning and made low near 37300 zones. BankNifty showed a good recovery from lower levels for 500 points and we again saw the rejection in the last hours.
Trades we took today -
> Bought BankNifty 37200 PE at 510 which we booked with 60 points loss
> Bought BankNifty 37100 PE at 450 which we booked with 50 points loss
> Bought BankNifty 37800 CE at 450, it went to our 3rd Target 540 and Traders booked good profit
Overall, it was a choppy day for BankNifty Option Buyers.
Tomorrow, if BankNifty sustains below 37300 we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37680
Sell Below 37300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 37200 PE at 510 which we booked with 60 points loss
> Bought BankNifty 37100 PE at 450 which we booked with 50 points loss
> Bought BankNifty 37800 CE at 450, it went to our 3rd Target 540 and Traders booked good profit
Overall, it was a choppy day for BankNifty Option Buyers.
Tomorrow, if BankNifty sustains below 37300 we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37680
Sell Below 37300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade chiuso: obiettivo raggiunto
1st Target done on Sell-side and then All Targets done on Buying side.
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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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
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.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.