BankNifty opened with a gap-up near 38760 and we saw selling at open and BankNifty made a low around 38100 which acted as support and BankNifty again gave 600 points upmove from lower levels.
Trades we took today -
> Bought BankNifty 38600 CE at 290 which we booked with 50 points loss
> Bought BankNifty 38400 PE at 400, it made a high above our 3rd Target 490 and Traders booked profit
> Bought BankNifty 38200 CE at 340, it made a high above our Last Target 450 and Traders booked great profit
> Bought BankNifty 38400 CE at 280, it made a high above our Last Target 390 and Traders booked great profit
> Bought BankNifty 38500 CE at 340, it made a high above our 2nd Target 410 and Traders booked profit
Overall it was a great day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 37900 on the downside, we may see a fast down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 38220
Sell Below 37900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 38600 CE at 290 which we booked with 50 points loss
> Bought BankNifty 38400 PE at 400, it made a high above our 3rd Target 490 and Traders booked profit
> Bought BankNifty 38200 CE at 340, it made a high above our Last Target 450 and Traders booked great profit
> Bought BankNifty 38400 CE at 280, it made a high above our Last Target 390 and Traders booked great profit
> Bought BankNifty 38500 CE at 340, it made a high above our 2nd Target 410 and Traders booked profit
Overall it was a great day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 37900 on the downside, we may see a fast down move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 38220
Sell Below 37900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Nota
Gap-down Opening, no trade as per set-up.
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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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.