BankNifty opened with a Gap-up and after consolidation traded in a narrow range throughout the day to eat premiums on both sides. Around 1:40 we saw a sharp upmove, BankNifty broke the day range and we saw a trending move of more than 400 points.
Trades we took Today:
> Bought BankNifty 39000 PE at 270 which made a high around 317 and Traders booked good profit in this.
> Bought BankNifty 39000 PE again at 160 which made a high around 210 and Traders booked good profit in this.
Overall, good day and Traders booked profit in BankNifty Options.
Tomorrow we are expecting a Gap-up opening so be cautious in morning trade.
Expectations for Tomorrow: Volatility and morning.
Intraday Levels:
Buy Above 39400
Sell Below 39000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Trades we took Today:
> Bought BankNifty 39000 PE at 270 which made a high around 317 and Traders booked good profit in this.
> Bought BankNifty 39000 PE again at 160 which made a high around 210 and Traders booked good profit in this.
Overall, good day and Traders booked profit in BankNifty Options.
Tomorrow we are expecting a Gap-up opening so be cautious in morning trade.
Expectations for Tomorrow: Volatility and morning.
Intraday Levels:
Buy Above 39400
Sell Below 39000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Note
As per our Positional View shared on Sep. 19th, BankNifty moving towards our First Target of 40700.
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We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 BIG ANNOUNCEMENT for XAUUSD Traders! 🚨
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
We’re excited to launch our brand-new Telegram Support Channel dedicated to Gold (XAUUSD) trading! 🟡📈
t.me/investprogoldsniper
📲 Join now and invite your friends. Let’s grow and win together! 🌟
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.