InvestPro_India

Bank Expiry Trade Setup | 28th May 2021

NSE:BANKNIFTY   Nifty Bank Index
As analyzed we saw a high volatility expiry session today. BankNifty Opened with a gap up and lost all its gain in the first 10-15 mins, it again took support from 34500 zones which gave a good bounce. We tried to Buy CE in the morning which gave good profit, PE also gave around 30% profit.

In the last hour, we tried with PE which didn't work. Overall a good day.

The trend is up but the range is narrowing down, we are expecting a wider range with great opportunities next week.

Expectations for Tomorrow: Trending day.

Resistance: 35367
Support: 34676

Intraday Levels:
Buy Above 35200
Sell Below 34900

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

Happy Trading!
InvestPro India Team

Subscription Plans: investproindia.in/subscription

Whatsapp @8287021744

Telegram Channel - t.me/tradepropublic

Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
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.