InvestPro_India

Bank Nifty Intraday Trade Setup | 6th April 2021

NSE:BANKNIFTY   Nifty Bank Index
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
Comment:

Futures chart, weak if sustains below blue trend line.
Comment:
Blue line broken
Comment:
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:

in.tradingview.com/c...day-Trade-April-6th/

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