BankNifty Expiry Trade Setup | 23rd September

Today BankNifty opened a flat near our Buying Level 37350 but we saw selling at open and BankNifty came towards 37050 level which was a support zone. We bought BankNifty 37100 CE at 280 which went to 330, we bought again at 270 and it went to 350 and Traders booked great profit in morning trade.

We booked some profit in 37200 PE too which we bought around 240 and it went near to 300. We also bought 37000 CE but booked 40 points loss in this trade.

Expectations for Tomorrow: Range-bound day, Volatality after 1:30 PM.

Intraday Levels:
Buy Above 37070
Sell Below 36880

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

Happy Trading!
InvestPro India Team

Comment:

We Saw a good upmove above the yellow line but due to a big gap-up opening, we didn't get the entry.