BankNifty Intraday Trade Setup | 24th January

Nifty Bank Index (NSE:BANKNIFTY)

Updated

NSE:BANKNIFTY Nifty Bank Index

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BankNifty opened with a gap-down below Thursday low 37600, we saw further selling at open and BankNifty made low around 37200 in first 15 mins. BankNifty traded in a range-through out the day.

We saw a sharp up move in the last 30 mins and many Traders would have bought it at the end of the day. If BankNifty sustains Friday low 37220, we may see a fast downmove.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above 37720
Sell Below 37220

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 Targets Done.

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