Nifty Bank IndexUpdated BankNifty Expiry Trade Setup | 30th December
BankNifty opened flat today, it went down towards 35050 zones which provided support and we saw a great bounce towards the 35350 zones.
Trades we took today -
> Bought BankNifty 35000 CE at 280 which made a high above 400 and Traders booked great profit in this Trade
> Bought BankNifty 35500 PE at 370 which we booked with 40 points loss
> Bought BankNifty 35400 PE at 440 which made a high above 600 and Traders booked great profit in this Trade
> Bought BankNifty 35000 CE 6th Jan at 610 which we booked at cost due to slow movement
> Bought BankNifty 35600 PE at 430 which made a high above 500 and Traders booked good profit in this Trade
Overall, a Great day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 34900 on the downside, we can see a fast down move.
Expectations for Tomorrow: Range-bound Day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above 35250
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took today -
> Bought BankNifty 35000 CE at 280 which made a high above 400 and Traders booked great profit in this Trade
> Bought BankNifty 35500 PE at 370 which we booked with 40 points loss
> Bought BankNifty 35400 PE at 440 which made a high above 600 and Traders booked great profit in this Trade
> Bought BankNifty 35000 CE 6th Jan at 610 which we booked at cost due to slow movement
> Bought BankNifty 35600 PE at 430 which made a high above 500 and Traders booked good profit in this Trade
Overall, a Great day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 34900 on the downside, we can see a fast down move.
Expectations for Tomorrow: Range-bound Day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above 35250
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
No Trade as per Set-up.
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Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Subscription: investproindia.in/market-learning-group/
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Whatsapp @8287021744
Views are for educational purposes only. You are solely responsible for any decisions based on my research.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.