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InvestPro_India
Feb 8, 2021 8:18 PM

Bank Nifty Intraday Trade Setup | 9th Feb 2021 

Nifty Bank IndexNSE

Description

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