BankNifty Intraday Trade Setup | Jan 27th

As we analyzed for Jan. 25th, BN took support near 31000 and bounced back by almost 700 points in less than an hour. I mentioned earlier too due to Budget volatility would be high so it's recommended to keep the volumes low.

Intraday levels for tomorrow:

Buy above 31300 for the targets of 31400, 31500, and 31600. SL for the Buy Trade would be 31190.
Sell Below 31000 for the targets of 30900, 30800, and 30700. SL for the Sell Trade would be 31110.

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

Happy Trading!
InvestPro India Team

Trade closed: target reached:

Sell trade triggered and all the targets are met.