BankNifty Intraday Trade Setup | 29th October
BankNifty opened flat and we saw sharp selling just after opening and it broke all the levels on the downside.
Trades we took Today:
> Bought BankNifty 40400 CE at 230 which we booked at the cost
> Bought BankNifty 40500 PE at 190 which made a high around 500 and Traders booked great profit in this Trade
> Bought BankNifty 40200 CE at 160 which made a high around 300 and Traders booked great profit in this Trade
Overall, a great day for BankNifty Option Buyers.
Today's low is important and we can see another down move if BankNifty breaks 39350 tomorrow.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 39800
Sell Below 39350
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought BankNifty 40400 CE at 230 which we booked at the cost
> Bought BankNifty 40500 PE at 190 which made a high around 500 and Traders booked great profit in this Trade
> Bought BankNifty 40200 CE at 160 which made a high around 300 and Traders booked great profit in this Trade
Overall, a great day for BankNifty Option Buyers.
Today's low is important and we can see another down move if BankNifty breaks 39350 tomorrow.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 39800
Sell Below 39350
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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