InvestPro_India

BankNifty Intraday Trade Setup | 6th September

NSE:BANKNIFTY   NIFTY BANK
BankNifty opened with a gap-up above our Buy level of 36900 and we saw an up-move towards our First Target 37050 and we saw a rejection around 37140. We bought 36900 PE in the morning and 37100 CE in the afternoon but both trades booked with loss.

BankNifty was trading in the range for almost 5 hours so we are expecting a good directional move once BankNifty would be breaking the range on either side.

Expectations for Tomorrow: Volatile day.

Intraday Levels:
Buy Above 36870
Sell Below 36600

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

Happy Trading!
InvestPro India Team
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

Comments

Thanks for sharing your views.
+1 Reply
You ask to buy and give a target, but you don't know how much to put the stopless. People will definitely benefit from it if you inform people where to install the stoplas. 🇮🇳
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InvestPro_India antoni15778
@antoni15778, For SL, Targets, and Updates you can upgrade to SpanAttack Strategy Group, we have kept fees very affordable keeping Small Traders in mind.
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