BankNifty Intraday Trade Setup | 27th DecemberBankNifty opened with a Gap-up at 35327, we saw sharp selling at open and BankNifty made a low around 34600 which provided support to BankNifty.
Trades we took today -
> Bought BankNifty 35000 PE at 380 which made a high above 500 and Traders booked great profit in this Trade
> Bought BankNifty 34900 PE at 430 which made a high above 530 and Traders booked great profit in this Trade
Overall, a Great Day for BankNifty Option Buyers.
BankNifty trading in a range and we may see a fast move wherever BankNifty gives a breakout.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 35050
Sell Below 34600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bankniftyoption
BANKNIFTY Intraday Trade Setup For 22 Dec 2021BANKNIFTY Intraday Trade Setup For 22 Dec 2021
Buy- None
Sell-Below 34380
Sl-34480
T-34050
BANKNIFTY is tradable with live market dat only if there is big gap up or gap down.
If opens flat and crosses today's low then we will short simply and will book our profits near 34050-34100.
If index breaches 34000 and 34900 then a big fall will be seen in intraday. Chances are less to break 34000 in the coming 1-2 days and Index may consolidate here.
Trade all the breakdown, bear flag.
BANKNIFTY Intraday Trade Setup For 13 Dec 2021BANKNIFTY Intraday Trade Setup For 13 Dec 2021
Buy-Above 37400
Sl-17300
T-37600 37800
Sell-Below 36800
Sl-36900
T-36600 36400
BANKNIFTY has formed a range in the last two trading session. We are simply going to buy on range breakout. Also 37600-37635 is a supply zone as per our hourly bat pattern. Consider booking profits there
Risky trader can short below 36900 also. Index can touch 37900 38000 in the next coming days.
BANKNIFTY Intraday Trade Setup For 10 Dec 2021BANKNIFTY Intraday Trade Setup For 10 Dec 2021
Buy-Above 37400
Sl-37300
T-37600 37800
Sell-Below 36880
Sl-36980
T-36600
BANKNIFTY has traded in a range - yesterday's trading range. We are going to buy on range breakout or breakdown. Consolidation may continue in this zone. 37600 and 36600 is a good range to sell.
BANKNIFTY Intraday Trade Setup For 07 Dec 2021BANKNIFTY Intraday Trade Setup For 07 Dec 2021
Buy-None
Sell-Below 36690
Sl-35700
T-35526 35380 350100
BANKNIFTY has closed below 36000, so 36000-36040 will act as an resistance, consider a short trade from this area.
best scenario to trade is if index opens flat and crosses 36690 then short then short for the target of 35380.
Below 35300 index will fall freely till 35000.