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InvestPro_India

Bank Intraday Trade Setup | 1st June 2021

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftytrading bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftytrading bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup
BankNifty Opened with a minor gap-up and coming down at open, it took support from mentioned level 34933. We bought 35100 CE around 375 which gave us great profit. We also tried a PE but it didn't work.

Expectations for Tomorrow: Volatile day, we may see some correction tomorrow.

Resistance: 35763
Support: 35109

Intraday Levels:
Buy Above 35600
Sell Below 35400

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

Happy Trading!
InvestPro India Team
Comment:
Bought at support and Option buyers booked great profit.
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