BankNifty Intraday Trade Setup | 15th March
Updated
BankNifty opened with a small gap-up and after taking support at 34620 zones we saw a tending upmove towards 35400 zones.
Trades we took today -
> Bought BankNifty 34100 PE at 30, it went above to our 2nd Target 410 and Traders booked great profit
> Bought BankNifty 35200 CE at 390, it went above to our Last Target 500 and Traders booked great profit
> Bought BankNifty 35400 CE at 400, it went above to our Last Target 510 and Traders booked great profit
> Bought BankNifty 34500 PE at 380 which we booked with 40 points loss
Overall a great day and BankNifty Option Buyers made a profit.
Tomorrow if BankNifty sustain above 35400, we may see another upmove.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above 35400
Sell Below 35000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 34100 PE at 30, it went above to our 2nd Target 410 and Traders booked great profit
> Bought BankNifty 35200 CE at 390, it went above to our Last Target 500 and Traders booked great profit
> Bought BankNifty 35400 CE at 400, it went above to our Last Target 510 and Traders booked great profit
> Bought BankNifty 34500 PE at 380 which we booked with 40 points loss
Overall a great day and BankNifty Option Buyers made a profit.
Tomorrow if BankNifty sustain above 35400, we may see another upmove.
Expectations for Tomorrow: Range-bound Day.
Intraday Levels:
Buy Above 35400
Sell Below 35000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Got both Buy and Sell Trade, 1st and 2nd Targets Done.
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