InvestPro_India

Bank Intraday Trade Setup | 9th August

NSE:BANKNIFTY   NIFTY BANK
BankNifty opened with a minor gap-up and due to RBI Policy, we saw the volatility in the morning session. After that, it was trading in a range and nothing much for Option Buyers.

For the last two days, BankNifty is not breaking 35700-35680 on the downside and 36050-36100 on the upside. We would see a fast and trending move once the range breaks either side.

Expectations for Tomorrow: Trending day.

Intraday Levels:
Buy Above 35920
Sell Below 35680

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
Comment: Buy Trade Triggered and 1st Target done.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

Comments

Your levels work perfectly during Intraday, keep up the good work.
+1 Reply
InvestPro_India Rachit_0701
@Rachit_0701, Thanks!
Reply
I have 4 lots of banknifty 36000 ce on holding, I am hopeful with your prediction. Thank you
Reply
@dipuvss66, Should be earning a profit, book as per your risk appetitie.
Reply