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InvestPro_India

Bank Intraday Trade Setup | 23rd June 2021

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyanalysis bankniftylevels bankniftyoptions bankniftyoption
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7
trendanalysis chartpattern banknifty bankniftytradesetup bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyanalysis bankniftylevels bankniftyoptions bankniftyoption
As analyzed, BanknIfty opened with a gap-up and faced resistance near the 35300 zones. We bought 35100 PE in the morning but due to range-bound it hit our SL by 4 points and we saw a good down move. For tomorrow, I am expecting a positive morning session.

Expectations for Tomorrow: Range-bound day.

Resistance: 35129
Support: 34280

Intraday Levels:
Buy Above 34900
Sell Below 34650

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

Happy Trading!
InvestPro India Team
Comment:
As analyzed yesterday... heavy range-bound day.
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