Bank Intraday Trade Setup | 6th JulyBankNifty opened with a gap-up above our Buying level of 34900, sustained above this level and closed above 35200. Due to slow and choppy movement, we bought 35200 CE July Month which gave good profit.
Expectations for Tomorrow: Range-bound day.
Resistance: 35322
Support: 35014
Intraday Levels:
Buy Above 35250
Sell Below 35000
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Bankniftyoption
Bank Intraday Trade Setup | 5th JulyBankNifty opened with a minor gap-up and it faced resistance near our Buy level which was 34800, we bought 34700 PE at 255 which gave a good profit. In the second half, it broke 34800 levels and hit the first target as per the trade set-up.
BankNifty is trading in a triangle pattern and the range is narrowing down, we are expecting a big trend move once it breaks the triangle on either side.
Expectations for Tomorrow: Volatile day.
Resistance: 35040
Support: 34663
Intraday Levels:
Buy Above 34900
Sell Below 34600
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Bank Intraday Trade Setup | 2nd JulyBankNifty opened a flat and soon it tested lower range, we bought 34700 CE at 130 which gave good profit. Overall it was a range-bound day and we saw some volatility after 1:30 as analyzed. Overall it was a good day for Option Sellers.
Expectations for Tomorrow: Trending Day.
Resistance: 35020
Support: 34480
Intraday Levels:
Buy Above 34800
Sell Below 34650
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Bank Expiry Trade Setup | 1st JulyBankNifty opened flat and faced resistance near our buy level, there was also a falling resistance line. We bought 35200 PE in the morning around 240 which hit all our targets in just 10 mins. BankNifty took support from the 34900 zones and we have seen a good rally towards the 35200 zone which was again our resistance level and we again saw rejection and sharp fall from that zone.
Expectations for Tomorrow: Range-bound day, volatility after 1:30 PM.
Resistance: 35080
Support: 34421
Intraday Levels:
Buy Above 34900
Sell Below 34700
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Bank Intraday Trade Setup | 30th June 2021BankNifty opened with a minor gap-down and came to test the support zone 35050-34950, took support, and traded in the range. Overall BankNifty was looking bearish today though it was able to close above the physiological level of 35000. For tomorrow, if we open with Gap-up, look for the selling opportunity, if opens Gap-down follow the price action.
Expectations for Tomorrow: Volatile day.
Resistance: 35260
Support: 34836
Intraday Levels:
Buy Above 35100
Sell Below 34900
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Bank Intraday Trade Setup | 29th June 2021BankNifty opened with a minor gap-up and trading in a range but BankNifty didn't break the previous breakout zone 35220-35150, it was a tough day for the Option buyers. For tomorrow, if BankNifty sustains above 35500 we may see rally towards 35750-35780.
Expectations for Tomorrow: Trending day.
Resistance: 35731
Support: 35050
Intraday Levels:
Buy Above 35450
Sell Below 35250
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Bank Intraday Trade Setup | 28th June 2021BankNifty opened minor gap-up and trading in a range, after consolidation between 35000 and 34900 we saw good up-move which was updated in the group. As analyzed we saw a Trending day and Call buyers made easy money. If we open with big gap-up, would look for the sell opportunity between 35700-35800 levels.
Expectations for Tomorrow: Volatile day.
Resistance: 35599
Support: 35023
Intraday Levels:
Buy Above 35450
Sell Below 35200
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Bank Intraday Trade Setup | 25th June 2021BankNifty opened with a Gap-up and traded in a very narrow range, a Typical expiry day where Option Writers were making money from both CE and PE. We took both CE and PE trades today and booked profit in both the trades. Though BankNifty 35000 CE as Zero Hero didn't work well.
Expectations for Tomorrow: Trending day.
Resistance: 35127
Support: 34634
Intraday Levels:
Buy Above 35050
Sell Below 34760
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InvestPro India Team
Bank Expiry Trade Setup | 24th June 2021As analyzed, BanknIfty opened with a gap-up and faced resistance near our Buy Level which is 34900, and traded in a narrow range the whole day. We tried to play in a range and bought 34800 CE which worked and gave easy 20% profit. For tomorrow, I am expecting a Negative opening.
Expectations for Tomorrow: Volatile session after 1:00 PM.
Resistance: 34832
Support: 34266
Intraday Levels:
Buy Above 34700
Sell Below 34480
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InvestPro India Team
Bank Intraday Trade Setup | 23rd June 2021As analyzed, BanknIfty opened with a gap-up and faced resistance near the 35300 zones. We bought 35100 PE in the morning but due to range-bound it hit our SL by 4 points and we saw a good down move. For tomorrow, I am expecting a positive morning session.
Expectations for Tomorrow: Range-bound day.
Resistance: 35129
Support: 34280
Intraday Levels:
Buy Above 34900
Sell Below 34650
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InvestPro India Team
Bank Intraday Trade Setup | 22nd June 2021BankNifty opened with a big gap-down today and as per strategy mentioned in trade idea for today, we bought morning lows and that gave great profit. We are expecting a positive morning tomorrow and BankNifty may break the 35000-35050 zone tomorrow.
Expectations for Tomorrow: Range-bound day.
Resistance: 35220
Support: 34578
Intraday Levels:
Buy Above 35050
Sell Below 34700
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InvestPro India Team
Bank Intraday Trade Setup | 21st June 2021BankNifty Opened with a Gap-up and faced resistance near the drawn Yellow Line. We saw panic selling once start trading below 33450 which was also our Sell level. SGX showing gap-down opening and if BankNifty opens near 34000 zones, would be looking at the Buy opportunity.
Expectations for Tomorrow: Volatile day.
Resistance: 34927
Support: 34048
Intraday Levels:
Buy Above 34700
Sell Below 34400
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InvestPro India Team
Live BankNifty Intraday Trade setup for Today 18th June 2021Banknifty may see a support at 34300. Follow the targets with trading rules.
Immediate resistance: 34800
Major Resistance: 3500
Major Support: 34000
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Bank Intraday Trade Setup | 18th June 2021As expected, BankNifty opened with a Gap-down and gave a good rally towards resistance 34900, It faced resistance and lost all morning gains. We got a selling opportunity around 2:00 PM which gave a quick 600% profit to Put Buyers.
Expectations for Tomorrow: Volatile day.
Resistance: 34839
Support: 34224
Intraday Levels:
Buy Above 34700
Sell Below 34450
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InvestPro India Team
Bank Expiry Trade Setup | 17th June 2021BankNifty opened a flat and took support near our Sell level and went up. It faced resistance at our Buy level, couldn't sustain above that, and came down. We got sell opportunity as per set-up when it broke 35100 zones and gave good profit.
Expectations for Tomorrow: Rangebound day, volatility after 1:30 PM.
Resistance: 35283
Support: 34636
Intraday Levels:
Buy Above 35150
Sell Below 34900
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InvestPro India Team
Bank Intraday Trade Setup | 16th June 2021BankNifty opened with a gap-up and made a high around resistance 35280 and as we analyzed BN remained in a range the whole day, there was not much for Intraday players.
Expectations for Tomorrow: Volatile day, selling after 1:00 PM.
Resistance: 35480
Support: 34950
Intraday Levels:
Buy Above 35330
Sell Below 35100
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InvestPro India Team
Bank Intraday Trade Setup | 14th June 2021BankNifty opened with a gap-up and faced resistance near the 35350 zones, it couldn't even sustain above 35200 level which was our buy level and gave us sell opportunity. We got another sell trade once it started trading below the upper yellow line which gave us a 100-150 points trade.
Expectations for Tomorrow: Volatile day.
Resistance: 35297
Support: 34844
Intraday Levels:
Buy Above 35120
Sell Below 34900
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InvestPro India Team
Bank Intraday Trade Setup | 15th June 2021BankNifty opened with a gap-down and gave approx 600 points down move in first 30 mins. Then it was trading in a range which it broke on the upside in the second half. We bought CE near support in the morning it didn't work as the fall was sharp. We again bought 34800 CE around 2:00 PM which gave us great profit.
Expectations for Tomorrow: Range-bound day.
Resistance: 35394
Support: 34551
Intraday Levels:
Buy Above 35020
Sell Below 34800
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InvestPro India Team
Bank Intraday Trade Setup | 11th June 2021BankNifty opened flat and traded in a range until 1:00 PM as we analyzed for today. We broke the range upside and saw a good rally.
Expectations for Tomorrow: Trending day.
Resistance: 35441
Support: 34855
Intraday Levels:
Buy Above 35200
Sell Below 35000
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InvestPro India Team