Bank Intraday Trade Setup | 27th JulyBankNifty opened with a minor gap-down and broke our Sell level at the opening, it was taking support in the 34750 zones and we bought 800 CE around 270 which immediately went to above 400. We again bought 34900 CE on the dip around 270 which went to above 355 and met all our targets.
Despite good results in ICICI, Axis and Kotak Bank BankNifty was facing resistance in crossing the 35120 zones which is showing weakness.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35120
Sell Below 34870
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Bankniftyoption
Bank Intraday Trade Setup | 26th JulyBankNifty opened with a minor gap-up and near 34820 we saw a rejection of 400 points, we bought 34700 PE at 250 which went to above 500 in just 10 mins. We bought 34800 at 200-210 which also gave great profit. Traders booked crazy profit in Options and we closed the day in just 30 mins of trading.
For Tomorrow, due to the ICICI Bank result, BankNifty may be highly volatile in the morning.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35120
Sell Below 34900
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Bank Intraday Trade Setup | 22nd JulyBankNifty opened with a gap-up and went up to 34989, we suggested selling BankNifty Fut around 35050 against which it made a high of 35049 and we saw more than 400 points fall from that zone. We also bought 35200 PE in the morning and booked great profit in both the trades.
For Tomorrow, Buyers be cautious until BankNifty crosses and sustains above 35050.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34800
Sell Below 34500
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Bank Expiry Trade Setup | 21st JulyBankNifty opened with a gap-down below our sell level 34900 which was a crucial level and we saw a sharp selling towards the 34350 zones which provided the cushion towards 35550.
Expectations for Tomorrow: Range-bound day, volatility after 1:30 PM.
Intraday Levels:
Buy Above 34620
Sell Below 34350
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Bank Intraday Trade Setup | 20th JulyBankNifty opened with a big gap down near 35100, took support near 35000 zone which was physiological support and we saw a bounce towards 35347. We again saw a rejection from the yellow resistance line, we gave 35400 PE at 250 which gave us a good profit.
I also updated when BankNifty came in the 34500-34900 zone and bought 35000 CE which also gave good profit.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35150
Sell Below 34900
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Bank Intraday Trade Setup | 19th JulyBankNifty opened with a flat and without breaking Thursday's high started coming down, we bought 36000 CE at the opening and then 35900 PE and booked profit in both the trades. We gave 35600 PE at 190 which went to 225+.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 35820
Sell Below 35600
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Bank Intraday Trade Setup | 16th JulyBankNifty opened with a minor gap-up and after consolidation, broke its previous resistance 35820 which was also our buy level, and gave a good up-move. We bought 35900 PE in the morning which gave profit, in the afternoon we bought 36000 CE around 25 which went to 45-46 level and we booked good profit in that too. Overall it's was a good day.
For tomorrow, if BankNifty sustains above 36000 levels, we would see a trending up-move.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 36000
Sell Below 35800
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Bank Expiry Trade Setup | 15th JulyAs analyzed it was a volatile day, BankNifty opened with a minor gap-down and came towards 35500 levels, it formed the same pattern as yesterday and was not breaking the morning low. We bought 35400 CE at 265 and added more at 230-220 levels that gave good profit. In the second half, we bought 35800 and 35900 PE and both gave great profit.
For tomorrow, if BankNifty again struggles near the 35800 zones, PE buyers would get a good opportunity.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35820
Sell Below 35400
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[INTRADAY] #BANKNIFTY PE & CE Levels(15/07/2021)Today will be slightly gap up opening in banknifty. After opening expected upside movement upto 35950+ level. 35950 will act an immediate upside resistance for today's session. Strong upside movement possible if banknifty give breakout of this resistance and started trading above 36050 level. Downside only possible if banknifty trading below 35450 level.
Bank Intraday Trade Setup | 14th JulyBankNifty opened with a big-gapup and faced resistance at 35500 zones, we bought 35500 PE at 225 which gave good profit. It didn't break the morning low and we saw good up-move once it broke the 35500 zones. If BankNifty breaks the 35820-35850 zone we may again see a good rally.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35820
Sell Below 35500
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Happy Trading!
Bank Intraday Trade Setup | 12th JulyBankNifty opened with a gap-down near our sell level 35150 and made a low of 34860 in the first 30 mins. After that, we saw a high of 35225, and then it was in that range for the entire day. BankNifty could save the 35000-34900 zone on a closing basis and we may see a bounce towards 35400-35500.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 35210
Sell Below 34980
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Bank Expiry Trade Setup | 8th JulyBankNifty opened flat, took support near 35400 zones and we saw an up-move towards the 35700 zones. We bought 34700 PE at 190 which gave good profit in the morning. BankNifty was trading in 200 points range for almost the entire day 35500-35700 which was broken on the upside in the last 30 mins.
Expectations for Tomorrow: Range-bound day volatility after 1:00 PM.
Intraday Levels:
Buy Above 35820
Sell Below 35600
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Happy Trading!
Bank Intraday Trade Setup | 9th JulyBankNifty opened a flat, made a high of 35811 against our buy level 35820 and we saw a bearish day, we kept making lower lows and BN gave a surprising move today. For tomorrow 35000-34900 is the support zone see be cautious if you are holding a short position.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35400
Sell Below 35150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!