Bank Expiry Trade Setup | 10th June 2021

BankNifty opened flat and made a bullish candle on 15 mins time frame, it went up and took resistance at the yellow line we drew on the chart. It spent almost 2.5 hours in 100-120 points range and we saw a sharp sell-off. We tried 35300 PE in the morning but due to range-bound, it didn't work. We again took a position in 35000 PE around 190 which made a high of 400 within 30 mins.

The range for tomorrow is bigger and expecting volatile moves in the morning and the last 2 hours of sessions hence novice traders trade with caution and keep your quantity low.

Expectations for Tomorrow: Range bound, volatility after 1:00.

Resistance: 35254
Support: 34186

Intraday Levels:
Buy Above 35050
Sell Below 34640

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

Happy Trading!
InvestPro India Team

Whatsapp @8287021744

Telegram For Regular Updates

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


Sir, on what basis you determine that valatile will come in last 2hrs
@Naveenssdn, Market reading.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter