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Bank Intraday Trade Setup | 9th August

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Support and Resistance Supply and Demand Trend Lines BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyview bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions
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supportandresistance supplyanddemand trendline banknifty bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyview bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions
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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