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Bankniftyoption

BankNifty Intraday Trade Setup | 15th SeptemberBankNifty opened with a gap-up today and was facing resistance in the 36700-36750 zone. We bought 36800 PE at 270 with the SL of 230, we added more qty at 230 and revised SL to 200 due to choppy movement in the morning, 36800 PE went to 375 in the afternoon and Traders booked profit in this trade. We also bought 37000 PE at 350 which went to around 520 and we booked great profit in this trade. BankNifty is forming a Triangle pattern, we can expect a trending move of 100-200 points once BN breaks the pattern on either side. Expectations for Tomorrow: Rangebound day. Intraday Levels: Buy Above 36700 Sell Below 36530 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty Intraday Trade Setup | 14th SeptemberBankNifty opened with a minor gap-up, it faced resistance at our buying level 36700 in the morning and we saw a good fall. We bought 36600 CE at 240 which we booked at cost. We bought 36400 CE from support levels at 295 which went to around 370 and Traders booked good profit. After the morning movement, it was trading in a narrow range so we didn't take any more trades. For tomorrow, we can again see a down-move if BN sustains below 36425. Expectations for Tomorrow: Volatile Market. Intraday Levels: Buy Above 36560 Sell Below 36425 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
3
BankNifty Intraday Trade Setup | 8th SeptemberBankNifty opened with a minor gap-down and we saw a good fall once BankNifty broke our Sell level of 36470. We were able to catch the bottom, bought 36200 CE at 250 which went to above 500 and traders booked great profit. We also bought 36500 CE and 36500 PE, booked profit in all 3 Option trades. For tomorrow, we can see a good up-move once BankNifty sustains above the falling resistance line. On the other side BN may give a good move downside if breaks 36380. Expectations for Tomorrow: Range-bound day. Intraday Levels: Buy Above 36700 Sell Below 36380 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
BankNifty Intraday Trade Setup | 7th SeptemberBankNifty opened a flat and we again saw the rejection in the 36900 - 37000 zone, today we saw a volatile and low range market as analyzed in the morning. We bought 36900 CE in the morning around 290 and added more around 210 which we sold with a loss at 220. We also bought 36700 PE and 36800 CE and booked profit in both the trades. BankNifty closed near the support zone and tomorrow if it sustains below 36470, we can expect a fast move on the downside. In case BankNifty breaks the falling resistance line and sustains above 36750, 100-120 points up-move can be expected. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 36750 Sell Below 36470 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
BankNifty Intraday Trade Setup | 6th SeptemberBankNifty 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
NSE:BANKNIFTY
by InvestPro_India
4
BankNifty Intraday Trade Setup | 1st SeptemberBankNifty opened with a minor gap-up, and we bought 36500 PE at 300 in the morning which went to 390 in just 5-10 mins and Traders booked good profit. We also bought 36400, 36500 PE, and 36400 CE and closed all in profit. We also bought 36500 CE at 260 but we saw a sudden fall of 200 points and we did exit with 40 points SL. Overall, it was a good day for Option Buyers. For tomorrow, BankNifty may give a good up-move above 36550 but be cautious at upper levels and don't trade options without SL. We would be looking for Buying opportunity in Morning if BankNifty comes down to 36250-36200 levels. Expectations for Tomorrow: Range-bound day, Selling after 2:00 PM. Intraday Levels: Buy Above 36550 Sell Below 36250 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
4
BankNifty Intraday Trade Setup | 31st AugustBankNifty opened above our yellow resistance line and as expected we saw a Trending up-move and hit all our levels. We suggested buying 35900 PE around 270 which went to 340 and Traders booked good profit. We gave 35800, 36100 PE, and 35900 CE and all booked in profit. Overall, it was a great day for Option Buyers. BankNifty closed near a resistance line again and we may see another good up-move tommorrow once BankNifty would sustain above 36410. If you get a dip in the morning, look for the buying opportunity. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 36410 Sell Below 36250 (Novice Traders should avoid taking Sell Trade, Would update if we get any set-up) To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
2