BankNifty opened with a gap-up, we saw a sharp fall in the morning BankNifty took support around 39120 and we saw a good up-side rally.
Trades we took Today:
> Bought BankNifty 39400 PE at 310 which made a high above 500 but as it was a fast move only a few Traders could catch this
> Bought BankNifty 39600 CE at 300 which we booked with 45 points loss
> Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade
> Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade
> Bought BankNifty 39500 CE again at 300 which made a high above 400 and Traders booked great Profit in this Trade
Overall, a good day for BankNifty Option Buyers.
For tomorrow, We can see another upmove once BankNifty breaks 39850 on the upside but be cautious as 40000 is a psychological resistance level.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 39850
Sell Below 39580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought BankNifty 39400 PE at 310 which made a high above 500 but as it was a fast move only a few Traders could catch this
> Bought BankNifty 39600 CE at 300 which we booked with 45 points loss
> Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade
> Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade
> Bought BankNifty 39500 CE again at 300 which made a high above 400 and Traders booked great Profit in this Trade
Overall, a good day for BankNifty Option Buyers.
For tomorrow, We can see another upmove once BankNifty breaks 39850 on the upside but be cautious as 40000 is a psychological resistance level.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 39850
Sell Below 39580
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 1st and 2nd Targets Done.
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.