BankNifty Intraday Trade Setup | 5th Feb

NSE:BANKNIFTY   Nifty Bank Index
Today BankNifty opened with a gap-up around 46600 and after making a high around 46900, it gave a 1000 points fall from higher levels towards 45900 and closed at 45970.

For Monday, BankNifty has to sustain above 46250 for further upside which can take BankNifty towards 46380 and upper marked levels. On the other side, if BankNifty breaks 45890 on downside, we expect to see 45780 and below marked levels on the chart.

Expectations: Volatile day.

Intraday Levels:
Buy Above - 46250
Sell Below - 45890

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InvestPro India Team

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