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Bank Intraday Trade Setup | 18th June 2021

Nifty Bank Index (NSE:BANKNIFTY)  
InvestPro_India  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns BANKNIFTY bankniftytradesetup bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
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trendanalysis chartpattern banknifty bankniftytradesetup bankniftyanalysis bankniftyintradaylevels bankniftyintraday bankniftyintradaysetpup bankniftyoptions bankniftyoption
As 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

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

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