BankNifty Expiry Trade Setup | 2nd September
Updated
BankNifty opened with a gap-up and we saw a morning rally towards 36997. We bought 36900 PE around 220 which went to around 390 and Traders booked great profit. We also bought 36400 and 36500 CE and booked great profit in these trades too. Overall it was a great day.
BankNifty formed a bearish candle on a daily time frame and we would see another down move if BN trades below today's low tomorrow.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 36700
Sell Below 36470
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty formed a bearish candle on a daily time frame and we would see another down move if BN trades below today's low tomorrow.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 36700
Sell Below 36470
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
Made great profit in 34300 CE bought in the morning at lows.
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