InvestPro_India

Bank Nifty Intraday Trade Setup | 18th Feb 2021

NSE:BANKNIFTY   Nifty Bank Index
As we analyzed yesterday, we opened almost flat and instantly tested yesterday's low. It gave a good rally, initiated our buy trade and we booked 120 points in Future.

We again got another opportunity to sell below 36950 and again booked 100 points on the sell-side too. Overall, good day!

Expectations: Range-Bound Day

Resistance: 37240
Support: 36680

Intraday levels for next session:

Buy Above 37050 for the targets of 37150, 37250, and 37350
Sell Below 36750 for the targets of 36600, 36500, and 36400

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

Happy Trading!
InvestPro India Team
Comment:
I would post expiry (2x-5x return) trade for our group subscribers.
Comment:
Sell trade initiated and all targets met.

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