BankNifty showed some strength today and took support near 35000 odd levels.
Expectations for Tomorrow: Trending Move
Resistance: 35600
Support: 34985
Intraday Levels:
Buy Above 35450
Sell Below 35150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
As we analyzed, most of the day was range bound and Options sellers made good money. Our support for today was 34950 and we didn't break that level, saw bounce multiple times around those levels.
Expectations for Tomorrow: can be a trending day
Resistance: 35550
Support: 34800
Intraday Levels:
Buy Above 35310
Sell Below 34950
For Targets, SL, and Intraday...
As we analyzed for 22nd Feb, today was a volatile day, and once we broke the 35800 all our targets met.
Expectations for Tomorrow: Range bound market.
Resistance: 35500
Support: 34950
Intraday Trades would be posted in our TradePro group.
Happy Trading!
InvestPro India Team
As we analyzed for 19th Feb, we sustained below 36370 and saw a great move downwards target marked with grey lines.
Expectations for Tomorrow: Volatile Market
Resistance: 36050
Support: 35500
Intraday Trades would be posted in our TradePro group.
Happy Trading!
InvestPro India Team
As we analyzed BankNifty of 37708 against our resistance level of 37700 and came down to 37672. Our sell trade triggered at 37200 and all our targets met. For tomorrow, I am expecting a flat to minor gap-up opening.
Resistance: 37400
Support: 36700
Intraday levels for next session:
Buy Above 37170 for the targets of 37290, 37370, and 37450
Sell Below 36950 for...
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...
We analyzed yesterday we got 1000 points trade and it was easy for option buyers, 37000 CE went from 170 to 800. Tomorrow, I am expecting a gap-up opening.
Resistance: 37700
Support: 36900
Intraday levels for next session:
Buy Above 37400 for the targets of 37500, 37600, and 37700. SL for the Buy Trade would be 37290.
Sell Below 37200 for the targets of 37100,...
We are still in that range and we would see a trending move (1000+ points) once we see the breakout or breakdown. Last week was for Option Sellers, we made good money in option selling.
For Option Buyers, trade with less quantity till the time we are in range, wait for a good move, and don't get stuck in trade for a long time.
Intraday levels for next...
As we analyzed yesterday, BankNifty gave a sell trade today and took a bounce nearby our support level 35600. BankNifty is still in 1000 points range and we may get a big move (1000 points or above) once the range would break. Until now, we can play within that range and tomorrow is the weekly expiry so I am expecting the side ways market until 1:30pm.
In today's...
As we analyzed sellers are getting active near 36500 levels and we again saw the rejection today. BankNifty is trading in a range and forming an indecision candle for the last 2-3 sessions, we may see a good one side move in this week.
In today's session, our sell trade initiated and we booked 150 points today.
Resistance: 36500
Support: 35600
Intraday levels...
BankNifty is showing some tiredness in trend and we again saw the rejection near the 36500 zones today and if we exclude initial on hour it was a sideways market.
Resistance: 36300
Support: 35700
Intraday levels for tomorrow:
Buy Above 36000 for the targets of 36150, 36250, and 36350. SL for the Buy Trade would be 35890.
Sell Below 35800 for the targets of...
Resistance: 36000
Support: 35250
Expectations for Tomorrow: Bearish Day
Intraday levels for tomorrow:
Buy Above 35800 for the targets of 35980, 36100, and 36200. SL for the Buy Trade would be 35690.
Sell Below 35500 for the targets of 35400, 35300, and 35200. SL for the Sell Trade would be 35610.
To motivate me, Please like the idea If you agree with the...
Our Buy trade initiated above 34800 as we analyzed yesterday and all targets hit quickly. We already saw almost 5000 points rally in 4 days and weekly expiry is also done so buyers need to be cautious at this level, we have RBI policy tomorrow due to which volatility would be high.
Resistance: 35750
Support: 34800
Expectations: Wild swings and overall a negative...
As we analyzed yesterday, BankNifty opened with a minor Gap up, felt, and took support near our level of 34000. Immediately it bounced to 34400 levels and after some time our buy trade initiated and all 3 targets met. For tomorrow, I think we BankNifty would open flat.
Resistance - 35050
Support - 34400
Intraday levels for tomorrow:
Buy Above 34800 for the...
Buy 34800 PE @ 30 for the targets of 100, 130 and 150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty opened with Gapup as we analyzed yesterday and took support at the resistant line and moved up. For tomorrow, I am seeing a Flat to small Gapup opening.
Resistance - 34750
Support - 34000
Intraday levels for tomorrow:
Buy above 34400 for the targets of 34500, 34600, and 34700. SL for the Buy Trade would be 34290.
Sell Below 34100 for the targets of...
