Bank Intraday Trade Setup | 8th June 2021

BankNifty opened with a minor gap-up and again faced resistance at 35500 zones and remained in 100-150 points range for the whole day. As we analyzed before market hours, it was a choppy day and we focused on Short Term Investment stocks that gave great profits today.

Expectations for Tomorrow: Volatile day.

Resistance: 35754
Support: 35132

Intraday Levels:
Buy Above 35580
Sell Below 35350

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

Happy Trading!
InvestPro India Team
Trade closed: target reached: As per trade setup Sell Trade Triggered.

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.


Buy Above 35580
Sell Below 35350
Support: 35132
does that mean you are expecting gap up? closing is 35085
InvestPro_India consultanilkumarg
@consultanilkumarg, No we wait for level to trigger and then take a trade.
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