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Bank Intraday Trade Setup | 12th July

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftyview bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftyanalysis bankniftyview bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
BankNifty opened with a gap-down near our sell level 35150 and made a low of 34860 in the first 30 mins. After that, we saw a high of 35225, and then it was in that range for the entire day. BankNifty could save the 35000-34900 zone on a closing basis and we may see a bounce towards 35400-35500.

Expectations for Tomorrow: Trending day.

Intraday Levels:
Buy Above 35210
Sell Below 34980

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

Happy Trading!
Comment:
BankNifty Trading in 100 points ranges after first 15-20 mins, not suitable for the option buyer.
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