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Bank Expiry Trade Setup | 17th June 2021

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption bankniftyexpiry
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption bankniftyexpiry
BankNifty opened a flat and took support near our Sell level and went up. It faced resistance at our Buy level, couldn't sustain above that, and came down. We got sell opportunity as per set-up when it broke 35100 zones and gave good profit.

Expectations for Tomorrow: Rangebound day, volatility after 1:30 PM.

Resistance: 35283
Support: 34636

Intraday Levels:
Buy Above 35150
Sell Below 34900

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

Happy Trading!
InvestPro India Team
Comment:
Rangebound, got sell opportunity around 2:00 that gave great profit to Option Buyers.
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