BankNifty opened with a gap-up and tested yesterday's low. We bought 36300 CE at 270 and again at 260 which went to around 400 and Traders booked great profit in Morning. After morning up-move, BankNifty was moving slowly to eat premiums and there was not much opportunity for Option Buyers after morning trades.
For tomorrow, we may see a good rally if BankNifty sustains above 36900 so look for the buying opportunity in the morning.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36900
Sell Below 36600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
For tomorrow, we may see a good rally if BankNifty sustains above 36900 so look for the buying opportunity in the morning.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36900
Sell Below 36600
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.
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.