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Bank Expiry Trade Setup | 3rd June 2021

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftytrading bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftytrading bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
BankNifty Opened with a gap down, took support from the 35000 zones, and traded in a range until 1:30 PM. Once the range was broken on the upside, gave a great up-move. We bought 35300 PE around 270 which we booked around 300 as the index was moving slowly.

Expectations for Tomorrow: Range-bound day, Volatility after 1:00 PM.

Resistance: 35848
Support: 34941

Intraday Levels:
Buy Above 35450
Sell Below 35200

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

Happy Trading!
InvestPro India Team
Trade closed: target reached:
Buy Trade triggered and first two targets hit.

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