BankNifty opened with a Gap-up opening above our Buy level 37600 and BankNifty gave 500 points upmove in the morning. We saw a sharp sell-off around 10:30 but closed 250 points in green.
Trades we took today -
> Bought BankNifty 37700 PE at 390 which we booked with 50 points loss
> Bought BankNifty 37800 PE at 360 which we booked with 30 points loss
> Bought BankNifty 38000 PE at 440 which went above our Last Target 575 and Traders booked great profit in this Trade
> Bought BankNifty 37700 PE at 380 which made a high around out 2nd Target 470 and Traders booked good profit in this Trade
> Bought BankNifty 37800 CE at 350 which made a high above our 3rd Target 445 and Traders booked good profit in this Trade
Overall, a Great day for BankNifty Option Buyers.
Tomorrow, we may see a good down-move once BankNifty breaks the lower yellow support line.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37830
Sell Below 37600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 37700 PE at 390 which we booked with 50 points loss
> Bought BankNifty 37800 PE at 360 which we booked with 30 points loss
> Bought BankNifty 38000 PE at 440 which went above our Last Target 575 and Traders booked great profit in this Trade
> Bought BankNifty 37700 PE at 380 which made a high around out 2nd Target 470 and Traders booked good profit in this Trade
> Bought BankNifty 37800 CE at 350 which made a high above our 3rd Target 445 and Traders booked good profit in this Trade
Overall, a Great day for BankNifty Option Buyers.
Tomorrow, we may see a good down-move once BankNifty breaks the lower yellow support line.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37830
Sell Below 37600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
Gap-up Opening. No Trade as per set-up
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🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.