BankNifty opened flat and after a choppy move in the morning, BankNifty gave a good up-move and faced resistance around our last level 36880 and remained in the range.
Trades we took today -
> Bought BankNifty 35400 CE at 390 which we booked with 50 points loss
> Bought BankNifty 36800 PE at 430 which we booked with 40 points loss
> Bought BankNifty 36500 CE at 360 which we booked with 40 points loss
Overall, it was a bad day for BankNifty Option Buyers.
Tomorrow, if BankNifty sustains above 36900 in the morning we may see another 150-300 points upmove but remain cautious as 37000 is psychological resistance.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 36900
Sell Below 36700
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 35400 CE at 390 which we booked with 50 points loss
> Bought BankNifty 36800 PE at 430 which we booked with 40 points loss
> Bought BankNifty 36500 CE at 360 which we booked with 40 points loss
Overall, it was a bad day for BankNifty Option Buyers.
Tomorrow, if BankNifty sustains above 36900 in the morning we may see another 150-300 points upmove but remain cautious as 37000 is psychological resistance.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 36900
Sell Below 36700
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 All 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.