InvestPro_India

Bank Intraday Trade Setup | 9th June 2021

NSE:BANKNIFTY   NIFTY BANK
BankNifty opened flat and we saw a sharp fall, BankNifty came near to support zone 35000-34900 and took a bounce as we updated. We got good 190-200 points move, BankNifty closed near the support zone and if it breaks and sustains below 34950, we can see 34500 and 34200 in few sessions.

Expectations for Tomorrow: Volatile day.

Resistance: 35370
Support: 34882

Intraday Levels:
Buy Above 35220
Sell Below 34950

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

Happy Trading!
InvestPro India Team
Trade closed: target reached: Got sell opportunity and gave great profit in 35000 PE.
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

Comments

Your gues very resemble
+1 Reply
Sir
Tomorrow market will open gap up or gap down sir... Tooo confusion 🙏
Reply
InvestPro_India praveennarashimamurthy15
@praveennarashimamurthy15, when there is confusion, don't take any position for next day.
+1 Reply
volatile day SL hit on sell & good up in no time in which one could have entered only in 35290 levels when looking for atleast 3mins candle closing, let see how it moves up
Reply
InvestPro_India lakshmibala1988
@lakshmibala1988, Let it sustain below sell level... first 15 min candle came down and went up, Sell Trade didn't trigger.
Reply
any views on Maharashtra bank?
Reply
InvestPro_India harimagesh1205
@harimagesh1205, sorry, we don't track that counter.
Reply
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