Bank Nifty Intraday Trade Setup | 6th April 2021

Updated
As we analyzed for today, BankNifty opened near our sell level and we saw a massive fall. I mentioned in Premium Group that Semi-lockdown sentiments would play a major role today so be cautious.

We also shared the short Nifty idea near 1:00 PM on Tradingview which gave a quick 40-45 points fall. This strategy is based on time-based data and research and has a high accuracy rate. TradePro Premium and InnerCircle subscribers would get such time-based research trades in advance from tomorrow.

Expectations for Tomorrow: Range-bound day.

Resistance: 33470
Support: 32110

Intraday Levels:
Buy Above 32825
Sell Below 32600

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

Happy Trading!
InvestPro India Team
Note
snapshot

Futures chart, weak if sustains below blue trend line.
Note
Blue line broken
Note
Almost 400 points fall in BN Futures.

Mentioned yesterday that the time-based strategy (Spanattack Job) is working flawlessly. I have shared trade today as well, see this:

Short Nifty | Intraday Trade April 6th
BANKNIFTYbankniftyanalysisbankniftyintradaylevelsbankniftylevelsbankniftyoptionsbankniftytradesetupbankniftytradingbankniftyviewChart PatternsTrend Analysis

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