Description
⋅ BankNifty opened with a big gap-up and traded in a small range today, was a typical expiry day where premium eating was going on both sides.
Trades we took Today:
> Bought BANKNIFTY 37600 CE at 270 which we booked with 40 points loss.
> Bought BANKNIFTY 38000 PE at 270, booked partial at 300 then it came down.
As today was a choppy day, we took Trades in Nifty and booked great profit and didn't trade much in BankNifty.
Tomorrow, RBI monetary policy would be announced so trade with caution.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37900
Sell Below 37640
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team