BankNifty Intraday Trade Setup | 26th November

BankNifty opened flat, we saw selling in the morning but the 37180 zones acted as support, and BankNifty has shown great recovery from lower levels though it was a Range-Bound day.

Trades we took today -

> Bought BankNifty 37400 PE at 240 which we booked with 60 points profit at 300
> Bought BankNifty 37200 CE at 220 which made a high around 318 and Traders booked good profit in this Trade
> Bought BankNifty 37100 PE at 100 which made a high around 154 and Traders easily booked 50% profit on investment in this Trade
> Bought BankNifty 37500CE at 50 as Expiry Zero Hero which we booked with 25 points loss due to choppy movement

Tomorrow we can see a trending up-move if BankNifty sustains above 37500.

Expectations for Tomorrow: Trending Day.

Intraday Levels:
Buy Above 37500
Sell Below 37220

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

Happy Trading!
InvestPro India Team