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Bank Intraday Trade Setup | 22nd July

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftyanalysis bankniftytrading bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
BankNifty opened with a gap-up and went up to 34989, we suggested selling BankNifty Fut around 35050 against which it made a high of 35049 and we saw more than 400 points fall from that zone. We also bought 35200 PE in the morning and booked great profit in both the trades.

For Tomorrow, Buyers be cautious until BankNifty crosses and sustains above 35050.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above 34800
Sell Below 34500

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

Happy Trading!
Comment:
Sorry for the Typo, this analysis is for tomorrow, July 23rd.
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