InvestPro_India

Bank Nifty Intraday Trade Setup | 5th May 2021

NSE:BANKNIFTY   Nifty Bank Index
As analyzed, BankNifty opened positive and slowly moved towards its major resistance 33000 zones which I also updated in Public Channel. TradePro Premium Trades sold BN Fut around 33150 which gave good profit.

Option buyers took 32700 PE around 265 which also have a good profit.

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Expectations for Tomorrow: Range-bound day.

Resistance: 32790
Support: 31670

Intraday Levels:
Buy Above - Would update in Public Channel if see any Buy opportunity.
Sell Below 32190

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

Happy Trading!
Comment:
Updated Buy trade-in Public channel, 33000 CE went from 170 to 220+. If not joined yet, do it asap.

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