Get started
InvestPro_India

Bank Intraday Trade Setup | 2nd July

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
43
2
trendanalysis chartpattern banknifty bankniftytradesetup bankniftytrading bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
BankNifty opened a flat and soon it tested lower range, we bought 34700 CE at 130 which gave good profit. Overall it was a range-bound day and we saw some volatility after 1:30 as analyzed. Overall it was a good day for Option Sellers.

Expectations for Tomorrow: Trending Day.

Resistance: 35020
Support: 34480

Intraday Levels:
Buy Above 34800
Sell Below 34650

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

Happy Trading!
Comment:
Couldn't sustain above upper blue line 34800. We bought 34700 PE at 255, booked profit.
Trade closed: target reached:
Buy Trade triggered around 12:15 and hit our first target.
Subscription Plans: investproindia.in/subscription

Whatsapp @8287021744

Telegram Channel - t.me/tradepropublic

Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

Related Ideas

InvestPro_India
Bank Intraday Trade Setup | 9th July
InvestPro_India
Bank Expiry Trade Setup | 8th July
InvestPro_India
Bank Intraday Trade Setup | 6th July
InvestPro_India
Bank Intraday Trade Setup | 5th July
InvestPro_India
Bank Expiry Trade Setup | 1st July
InvestPro_India
Bank Intraday Trade Setup | 30th June 2021
InvestPro_India
Bank Intraday Trade Setup | 29th June 2021
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.