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Bank Expiry Trade Setup | 31st May 2021

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India Updated   
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftyview bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftyview bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
We again saw a range-bound day, not much for Intraday Traders. BankNifty opened with a gap-up and traded in a range though we saw a good rally in the last 30-40 mins.

The trend is up but the range is narrowing down, we are expecting a wider range with great opportunities this week.

Expectations for Tomorrow: Volatile day.

Resistance: 35644
Support: 34933

Intraday Levels:
Buy Above 35250
Sell Below - Buyers may get activate around support and take BankNifty higher.

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

Happy Trading!
InvestPro India Team
Comment:
Morning low 34930 against the support 34933.... Bought 34100 CE and booked profit.
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