BankNifty opened flat and we saw selling at open, BankNifty took support in 36800 zones and we saw recovery in second half.
Trades we took today -
> Bought BankNifty 37100 PE at 470 which we booked with 70 points loss
> Bought BankNifty 37100 CE at 380 which we booked with 40 points loss
> Bought BankNifty 37100 PE at 440 which we booked with 50 points profit
> Bought BankNifty 37000 CE at 320 which made a high around 460 and Traders booked Great Profit in this Trade
Overall, a choppy day for BankNifty Option Buyers.
BankNifty is underperforming Nifty, if Nifty sustains above 17600 we may see sharp up-move in BN too.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 37200
Sell Below 36800
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 37100 PE at 470 which we booked with 70 points loss
> Bought BankNifty 37100 CE at 380 which we booked with 40 points loss
> Bought BankNifty 37100 PE at 440 which we booked with 50 points profit
> Bought BankNifty 37000 CE at 320 which made a high around 460 and Traders booked Great Profit in this Trade
Overall, a choppy day for BankNifty Option Buyers.
BankNifty is underperforming Nifty, if Nifty sustains above 17600 we may see sharp up-move in BN too.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 37200
Sell Below 36800
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
No Trade as per Set-up.
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We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
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.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
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.