BankNifty Intraday Trade Setup | 24th November

BankNifty opened with a gap-down below our Sell Level 36970, gave a fast down move towards 36450 zones and showed a great recovery from lower levels.

Trades we took today -

> Bought BankNifty 37100 PE at 290 which we booked with 50 points profit
> Bought BankNifty 37200 CE at 280 which made a high around 370 and Traders booked Good profit in this Trade
> Bought BankNifty 37100 CE at 310 which made a high around 500 and Traders booked Great profit in this Trade

Overall, a Great day for BankNifty Option Buyers.

Now 37000 is an important zone for BankNifty. If it breaks tomorrow we can see a fast a down-move.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above 37420
Sell Below 37000

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

Happy Trading!
InvestPro India Team

Trade closed: target reached:

Buy Trade Triggered and All Targets Done.