BankNifty Intraday Trade Setup | 29th Dec
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Today BankNifty opened with a gap-up and after consolidating near our buy level 48400 it went up towards 48630 and 1st and 2nd Targets were done on buy side.
For tomorrow, if BankNifty sustains above 48650, we expect to see further up move towards 48770 and upper marked levels. On the other side, if BankNifty breaks 48400 on the downside, we may see 48280 and below marked levels.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 48650
Sell Below - 48400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, if BankNifty sustains above 48650, we expect to see further up move towards 48770 and upper marked levels. On the other side, if BankNifty breaks 48400 on the downside, we may see 48280 and below marked levels.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 48650
Sell Below - 48400
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
Broke our sell levels but it was a fast morning move. Trade couldn't execute.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
Whatsapp @8287021744
Telegram Channel - t.me/tradepropublic
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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