Omahto

BANKNIFTY Intraday trade Setup For 2021

NSE:BANKNIFTY   Nifty Bank Index
BANKNIFTY Intraday trade Setup For 2021
Buy-Above 37900
Sl-37800
T-38061 38240

Sell-Below 37200
Sl-37300
T-37000 36900 36650

Banknifty has moved both the side today. The last hour sell off will continue if it breaches today's low.
Also keep i mind that 37000-36900 will act as a support so book profits there. If 37000 is is breached then will test 36700. Eat in pieces.

If index take support from 37270 then go long with a small sl for the target of 37800.

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.