Bank Nifty Intraday Trade Setup - Feb 3

BankNifty opened with Gapup as we analyzed yesterday and took support at the resistant line and moved up. For tomorrow, I am seeing a Flat to small Gapup opening.

Resistance - 34750
Support - 34000

Intraday levels for tomorrow:

Buy above 34400 for the targets of 34500, 34600, and 34700. SL for the Buy Trade would be 34290.
Sell Below 34100 for the targets of 34000, 33900, and 33800. SL for the Sell Trade would be 34210.

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

Happy Trading!
InvestPro India Team

Trade closed: target reached:

All the targets done on the buy-side. I mentioned 34750 as resistance, we sold there and booked 150 points in sell also.