BankNifty Intraday Trade Setup | 4th Jan '24

Updated
BankNifty opened flat today and after making a low around 47480 in first 30 mins it remained in a range to eat premium as today it was a weekly expiry for BankNifty.

For tomorrow, if BankNifty breaks 47450 on the downside, we expect to see 47320 and below levels marked. On the other side, if BankNifty sustains above 47800 we expect to see an upmove towards 47900 and upper marked levels on the chart.

Expectations: Volatile Day

Intraday Levels:
Buy Above - 47800
Sell Below - 47450

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Happy Trading!
InvestPro India Team
Trade closed: target reached
Buy trade triggered, all targets done.
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