BankNifty Intraday Trade | Jan 25th
Updated
We have seen huge selling in the last two trading sessions resulting in 1700 points fall in BankNifty from its recent high. We either see Short covering with Gapup opening tomorrow or if it falls then should take support near 31000 physiological levels.
Intraday levels for tomorrow:
Buy above 31300 for the targets of 31400 and 31500. SL for the Buy Trade would be 31190.
Sell Below 31100 for the targets of 31000 and 30900. SL for the Sell Trade would be 31210.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Intraday levels for tomorrow:
Buy above 31300 for the targets of 31400 and 31500. SL for the Buy Trade would be 31190.
Sell Below 31100 for the targets of 31000 and 30900. SL for the Sell Trade would be 31210.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trade closed: target reached
Both the targets hit on the buy side, I have mentioned that 31000 should provide support, and we saw a bounce from that level twice today.
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.
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 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.