Bank Nifty Intraday Trade Setup | 9th Feb 2021

BankNifty is showing some tiredness in trend and we again saw the rejection near the 36500 zones today and if we exclude initial on hour it was a sideways market.

Resistance: 36300
Support: 35700

Intraday levels for tomorrow:

Buy Above 36000 for the targets of 36150, 36250, and 36350. SL for the Buy Trade would be 35890.
Sell Below 35800 for the targets of 35650, 35500, and 35400. SL for the Sell Trade would be 35910.

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

Happy Trading!
InvestPro India Team
Trade closed: target reached: Sell trade initiated at 35800 and 1st target achieved.

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


the setup is working well
@rachit2406, Glad to hear that.
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