Bankniftyoption
BankNifty Intraday Trade Setup | 13th AugustBankNifty opened with a minor gap-up near resistance and we saw a rejection in the opening. We bought 36200 PE at 280 which went to above 500 and we booked great profit. We again bought the same 36200 PE around 290 which again went to 400+.
BankNifty is trading in the triangle pattern and forming higher highs and higher lows, if it opens flat tomorrow and breaks this on the upper side, we can see a 100-150 points fast move in the morning.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 36020
Sell Below 35800
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InvestPro India Team
Bank Intraday Trade Setup | 10th AugustBankNifty opened flat and sustained above our buy level in the morning, Future and Call Buyers made a good profit in the morning. BankNifty also gave a Sell opportunity from upper levels and we bought 36300 PE around 360 which again gave great profit.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36150
Sell Below 35890
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Intraday Trade Setup | 6th AugustBankNifty opened with a minor gap-up and as we updated before Market hours, we saw a good selling at open. Overall it was a range-bound day but Option Buyers sold at the top/ bought at the bottom made a good profit.
For tomorrow 35700-35680 is important to hold else we can see good selling towards 35500-35400 zone.
Intraday Levels:
Buy Above 36050
Sell Below 35680
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Expiry Trade Setup | 5th AugustBankNifty opened with gap-up and continued the bullish momentum, It opened our Buying level and kept going up. We bought 36200 PE at 190 which gave us a good profit. As the trend is up, look for the buy on dips opportunity in the morning session.
Tomorrow is expiry and we have seen 1500 points rally in two sessions, we may see rangebound day and volatility after 1:00 PM.
Intraday Levels:
Buy Above 36220
Sell Below 35900
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Happy Trading!
Bank Intraday Trade Setup | 3rd AugustBankNifty opened with a gap-up and faced resistance in the 34820 zones, it spent almost the whole day in 15 points range which was broken on the downside and we saw a good fall in BankNifty.
We did sell BankNifty Fut at 34980 which made a low around 34680, booked great profit on the sell-side.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34900
Sell Below 34590
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Happy Trading!
Bank Intraday Trade Setup | 4th AugustBankNifty opened with a minor gap-down and we saw a trending move after breaking out the triangle pattern. We have bought 34700 and 34800 CE and both gave good profit. We also tried 34900 PE near resistance but it didn't work.
For tomorrow, would be looking for a buy-on dip opportunity as we got the breakout in BankNifty and positionally we can look for the target of 35800-36050.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35250
Sell Only if it sustains below 35000
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Bank Intraday Trade Setup | 2nd AugustBankNifty opened with a gap-down and took support near 34500 zones, It was a range-bound day and BankNifty spent the whole day in the 270-280 points range.
For tomorrow, safe traders wait for this range to break and book profit quickly as both Nifty and BankNifty is in tight range and we should be booking profit quickly.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34810
Sell Below 34480
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 30th JulyBankNifty opened with a gap-up and it faced resistance at 34800. We bought 34900 PE at 200 which went to above 350 in just 5-10 mins. We update before market hours that the Market would be negative/unsteady until 11:55 which Market respected and we book profit in 34800 PE twice and 34900 PE. We also bought 34500 CE around 12:00 which also gave good profit. Overall, it was an amazing day and we booked more than 300% profit.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 34800
Sell Below 34500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Expiry Trade Setup | 29th JulyBankNifty opened flat and start falling in the opening, It took support from the 34100 zones and we saw a good recovery in the second half.
We have updated when it broke the falling line and we saw a good rise from 34275-34300 levels.
Expectations for Tomorrow: Range-bound, Volatility after 1:00 PM.
Intraday Levels:
Buy Above 34600
Sell Below 34380
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 28th JulyBankNifty opened with a minor gap-up, broke, and sustained above 35120 which was our buying level but after making high around 35185 we saw the rejection from upper range and it broke the 34870 which was our selling level and came towards our first target.
As mentioned yesterday BN is showing weakness and Sell on rise would be the approach for tomorrow.
Expectations for Tomorrow: Weakness in the morning and then range-bound.
Intraday Levels:
Buy Above 34920
Sell Below 34700
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!