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Bankniftyoption

BANKNIFTY Intraday trade Setup For 2021BANKNIFTY Intraday trade Setup For 2021 Buy-Above 37900 Sl-37800 T-38061 38240 Sell-Below 37200 Sl-37300 T-37000 36900 36650 Banknifty has moved both the side today. The last hour sell off will continue if it breaches today's low. Also keep i mind that 37000-36900 will act as a support so book profits there. If 37000 is is breached then will test 36700. Eat in pieces. If index take support from 37270 then go long with a small sl for the target of 37800.
NSE:BANKNIFTY
by Omahto
BankNifty Intraday Trade Setup | 2nd NovemberBankNifty opened with a gap-up, we saw a sharp fall in the morning BankNifty took support around 39120 and we saw a good up-side rally. Trades we took Today: > Bought BankNifty 39400 PE at 310 which made a high above 500 but as it was a fast move only a few Traders could catch this > Bought BankNifty 39600 CE at 300 which we booked with 45 points loss > Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade > Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade > Bought BankNifty 39500 CE again at 300 which made a high above 400 and Traders booked great Profit in this Trade Overall, a good day for BankNifty Option Buyers. For tomorrow, We can see another upmove once BankNifty breaks 39850 on the upside but be cautious as 40000 is a psychological resistance level. Expectations for Tomorrow: Range-bound day. Intraday Levels: Buy Above 39850 Sell Below 39580 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India